Bloomberg News reports that under the deal, the bank agreed to pay $4.5m to end a probe into the so-called cum-ex deals, according to the people, who asked not to be identified as they weren’t authorized to speak about the agreement. The bank was drawn into the probe because it acted as custodian bank in deals done by individuals investigated in the case.
The prosecutor’s office confirmed that it ended parts of a cum-ex investigation in June that was related to raids in September 2015.
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