US probe finds possible Deutsche controls lapses

摘要

US congressional investigators have identified possible failures in deutsche bank's anti-money laundering controls in its dealings with Russian oligarchs, after the lender handed over a trove of transaction records, emails and other documents, three people familiar with the matter said. The congressional inquiry found instances where Deutsche Bank staff in the United States and elsewhere flagged concerns about new Russian clients and transactions involving existing ones, but were ignored by managers, two of the people told Reuters. Lawmakers are also examining whether Deutsche Bank facilitated the funnelling of illegal funds into the US as a correspondent bank, where it processes transactions for others, one of the sources said.