Deutsche Racks Up $630 million Over Russian Money-Laundering Scheme

It wasn’t too long ago that Deutsche Bank settled with U.S. Department of Justice for $7.2 billion under certain allegations of selling faulty mortgage securities. Now, the bank agreed to pay the United states and the UK $630 million for its failure to stop fraudulent trades made from Russia totaling an estimated $10 billion. According […]
  • Sharnita Sanders
  • February 2, 2017
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