Now, a growing number of U.S. investigators want to know more. Last week, the heads of two congressional committees asked Deutsche Bank for information related to its lending practices and its role in a series of money laundering scandals, according to several news reports. Federal agencies are asking questions too.
The House is preparing to investigate Deutsche Bank’s handling of suspicious transactions from Denmark’s Danske Bank, according to a report in Politico. Danske Bank is now is under investigation in relation to a massive, international money laundering scheme involving its Estonian branch banks. Continue Reading A whistleblower said laundered money made it from Russia to the US. Lawmakers here want to know how.