HALISTER1: Deutsche Bank May Need to Boost Risk Mgmt on Russian Case: SZ

Deutsche Bank May Need to Boost Risk Mgmt on Russian Case: SZ

(Bloomberg) -- German financial regulator Bafin may limit its penalty for Deutsche Bank related to a probe for suspected money laundering in Russia to requirements for better risk management, Sueddeutsche Zeitung reports, without saying where it got the information.
  • Bafin investigation is still ongoing
  • Deutsche Bank couldn’t immediately comment on the article, Bafin declined to comment
  • Link to article (in German)
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Source: BFW (Bloomberg First Word)

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