Search Of Deutsche Bank In AML Probe Could Draw US Eyes

By Jon Hill (November 29, 2018, 9:41 PM EST) -- The move by German police to raid Deutsche Bank AG's offices as part of a money laundering probe could lead to further scrutiny from U.S. authorities for both the bank and its correspondent banking partners, experts told Law360.

Scores of police and federal officials searched the German banking giant's Frankfurt headquarters and five other locations early Thursday, collecting paper and electronic documents in an investigation that stems from the 2016 leak of the Panama Papers, which revealed a network of professionals helping wealthy individuals around the globe conceal their riches.

Deutsche Bank, which said it's "cooperating fully" with the German investigation,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!