Deutsche Bank AG (DB): $15 million fine. https://www.ft.com/...

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Deutsche Bank AG (DB)

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Alias Born	08/24/2004

Re: None

Saturday, 12/07/2019 6:09:16 AM

Saturday, December 07, 2019 6:09:16 AM

$15 million fine.

https://www.ft.com/content/eeefa806-184b-11ea-9ee4-11f260415385

This is related to money laundering charges, and tax evasion, it culminated with their offices been raided earlier this year. That this resulted in “only” $15million, they can consider themselves VERY lucky. This could have been a lot worse.

In general, i think this will be seen as a positive outcome. It puts to bed one of the biggest legal issues facing the bank to bed.

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