Police raids on Deutsche Bank’s offices in Frankfurt last week were, of course, not the fault of the current management team, according to the firm’s chief financial officer (CFO).
Two Deutsche Bank staff members are suspected of helping clients set up off-shore businesses to launder money gained from criminal activity.
The wrongdoing is alleged to have continued through to 2018 but the bank’s financial chief, James von Moltke, told CNBC’s Annette Weisbach Thursday that current executives shouldn’t shoulder the blame.
“To date, we are not aware of any wrongdoing on our part, so we will await the conclusion of the prosecutors,” Von Moltke said.
In 2016 alone, more than 900 customers with a business volume of 311 million euros ($353.6 million) were thought to have been cared for by a Deutsche Bank subsidiary based in the British Virgin Islands, the prosecutor said.
Dykema Sue for Deutsche Bank Claiming they Released Guerra’s Mortgage Mistakenly
Default Judgment issued: The Erroneous Release is null and void. Several months later, Defaulting Defendants have appeared with counsel
The Plaintiff is Supported by The Supreme Court, President Trump, Congress n’ the People
Magistrate Judge Christina Bryan’s Face is Too Red, Even for a Sky-Blue Democrat. Red face test rejects statutory construction so absurd.
Federal Judges Invent Jurisdiction to Issue Lawless Writ of Execution Aimed at 86-Yr Old Widow
Contrary to what Plaintiff argues, subject matter jurisdiction existed in this Court at the time of removal. – Magistrate Judge Chris Bryan.
