Overview
- German prosecutors and federal police searched Deutsche Bank offices in Frankfurt and Berlin as part of a suspected money-laundering case.
- The Frankfurt prosecutor said the probe targets unidentified employees and prior business relationships with foreign entities suspected of laundering funds.
- Deutsche Bank confirmed investigators were on site and said it is cooperating fully.
- The Süddeutsche Zeitung reported a possible link to companies connected to Roman Abramovich and alleged late suspicious activity reports, which prosecutors have not confirmed.
- The investigation is being run by an economic-crimes unit with federal police, while the bank’s shares fell about 3% and its 2025 results are due Thursday.