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The US fine is only for shenanigans pulled in the US, other banks in US paid even higher fines (JPMorganChase and BoA settled for 13-17bn each). The other inve
by pinaceae 10y ago
The US fine is only for shenanigans pulled in the US, other banks in US paid even higher fines (JPMorganChase and BoA settled for 13-17bn each).
The other investigations are handled by other entities in Europe and Russia. And there are two levels at play: breaking the law in the first place and then being stupid enough to be caught.
See here for details:
https://en.wikipedia.org/wiki/Deutsche_Bank#Controversies https://en.wikipedia.org/wiki/Deutsche_Bank#Controversies
It is a shit-show of epic proportions.