Deutsche-Bank

Deutsche Bank fined $630 million for $10 billion Russian money laundering scheme

| Importance: 9/10

Deutsche Bank paid $630 million to U.S. and UK regulators for facilitating $10 billion in Russian money laundering through “mirror trades” from 2011-2015. The scheme converted rubles to dollars through sham stock trades between Moscow and London offices. During this same period, Deutsche …

Deutsche Bank Donald Trump Jared Kushner New York Department of Financial Services UK Financial Conduct Authority money-laundering russian-money deutsche-bank mirror-trades financial-crime
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Deutsche Bank Flags Suspicious Trump-Russia Transactions

| Importance: 9/10

In late 2016, Deutsche Bank’s internal anti-money laundering specialists flagged multiple suspicious transactions involving Trump businesses and Russian individuals, with the bank simultaneously continuing to loan Trump billions while being implicated in a $10 billion Russian money-laundering …

Deutsche Bank Donald Trump Jared Kushner Russian money launderers Vladimir Putin +1 more deutsche-bank money-laundering suspicious-transactions russian-finance trump-finances +1 more
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Deutsche Bank Loans Trump $2.5 Billion Despite Russian Money Laundering and Red Flags

| Importance: 10/10

From 1998-2016, Deutsche Bank loaned Donald Trump and his companies over $2.5 billion despite Trump’s history of bankruptcies, defaults, and “Donald risk” that caused all other major US banks to refuse him. This lending relationship persisted even as Deutsche Bank was …

Deutsche Bank Donald Trump Trump Organization Russian Oligarchs Justin Kennedy trump deutsche-bank money-laundering russia financial-corruption +2 more
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