Deutsche to pay $125M to settle US probes - report

Freitag, 08. Januar 2021 21:12

Deutsche Bank AG has agreed to pay $125 million to settle several probes over its alleged bribing to secure overseas businesses and manipulating metal markets it has been facing in the United States, CNBC reported on Friday.

The Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) accused the bank of violating the Foreign Corrupt Practices Act in their operations in China, Abu Dhabi, Saudi Arabia, and Italy.

Deutsche Bank was recently fined $150 million by the New York State Department of Financial Services (DFS) over its links to the now-dead registered sex offender and accused child sex trafficker Jeffrey Epstein. It is also facing a hearing with the US Supreme Court over President Donald Trump's financial records.

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