New millionaire fine for Deutsche Bank due to the lack of controls on a suspected flow of money laundering in Russia: the US Federal Reserve has imposed a fine of 41 million dollars (about 37 million euros) on the first German private bank, as communicated by the US central bank itself in a note, which also asks Deutsche Bank to improve the internal control system. Deutsche Bank has announced, for its part, that it intends to implement all the measures requested by the Fed. In particular, the Fed requests that Deutsche Bank in the United States "improve top management supervision and adherence to US anti-money laundering regulations of money".
According to what has been ascertained by the US authorities, some customers of the German bank would have laundered around 10 billion dollars of dirty money in rubles through its branches in Moscow, New York and London between 2011 and 2015. According to the Fed, which speaks of “ potentially suspicious transactions”, Deutsche Bank would have decided not to resort to the possibility of checks to identify the crime and prohibit it. These are mostly so-called 'mirror trades', ie transactions through which bank offices buy Russian shares in rubles in Moscow and resell them, for example, in London in dollars. Deutsche Bank has already reached an agreement with the New York Financial Markets Regulatory Authority, for the same charges, on a fine of 425 million dollars.
