Deutsche Bank not raising provisions tied to Danske, Panama Papers cases
Reading Time: 1 minute

Deutsche Bank will not raise provisions in connection with an investigation into separate money laundering investigations related to the Panama Papers and Danske Bank source with direct knowledge of the matter said, Reuters report.

The German bank reached the decision because it was not aware of any wrongdoing on its part in either case, added the source, who spoke on condition of anonymity. A Deutsche Bank spokesman declined to comment.


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: