Deutsche Bank AG (DB): The threat of punishing fines will loom...

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Tuesday, 11/20/2018 3:24:26 PM

Tuesday, November 20, 2018 3:24:26 PM

The threat of punishing fines will loom over DB for a long time.

German financial watchdog Bafin has reportedly asked Deutsche Bank to supply information on its dealings with Danske Bank, a source close to the matter told Reuters.

After a fast evaluation of the data, Bafin will decide whether to launch a formal probe into Deutsche Bank, the source added.

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