Deutsche Bank, BofA, JPM Are Drawn Into Danske Probe
- Danske Bank admits handling $230 billion in suspicious funds
- U.S. asking about Estonia transactions at correspondent banks
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Deutsche Bank AG and Bank of America Corp. have been contacted by U.S. criminal investigators for information about transactions they handled for a small bank branch in Estonia that’s at the center of one of the biggest money-laundering investigations in history, according to two people familiar with the matter.
The Justice Department investigators have also asked questions about JPMorgan Chase & Co.’s work with the branch, another person said.