Deutsche Bank’s internal probe into possible money laundering at its Russian unit has sparked an investigation into whether a senior employee took bribes, people with knowledge of the situation said.
Unexplained funds were discovered in accounts controlled by the employee and the employee’s spouse, the people said. The people didn’t identify the employee.
Deutsche Bank has now broadened its own probe to examine trading activities with 10 to 12 mainly Russian broker counterparties, the people said.
To access the complete Bloomberg News article hit the link below: