Deutsche Bank faces action over $20bn Russian money-laundering scheme

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Exclusive: in confidential internal report seen by the Guardian, bank says scandal has hurt global brand

  • Luke Harding
  • The Guardian

Germany’s troubled Deutsche Bank faces fines, legal action and the possible prosecution of “senior management” because of its role in a $20bn Russian money-laundering scheme, a confidential internal report seen by the Guardian says.

The bank admits there is a high risk that regulators in the US and UK will take “significant disciplinary action” against it.

Deutsche concedes that the scandal has hurt its “global brand” – and…

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