Deutsche Bank raided by German police in money laundering probe

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German constabulary carried retired raids astatine Deutsche Bank successful Frankfurt and successful Berlin connected Wednesday morning, arsenic portion of an probe into wealth laundering.

Shares successful the German lender were past seen down astir 2.7% pursuing quality of the probe, which was archetypal reported by Spiegel.

"We corroborate Frankfurt prosecutors are presently conducting an probe astatine Deutsche Bank's concern premises," the slope said successful a statement.

"We are cooperating afloat with prosecutor's office. We cannot remark further connected this matter."

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Deutsche Bank.

The probe comes a time earlier the German lender is owed to people its 4th fourth and year-end net report.

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