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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

Deutsche Bank HQ in Frankfurt raided over suspected money laundering

Deutsche Bank headquarters in Frankfurt
Deutsche Bank said the issue had been self-reported and it was ‘fully cooperating’ with police and prosecutors. Photograph: Ralph Orlowski/Reuters

German authorities have raided Deutsche Bank’s headquarters in Frankfurt over suspected money laundering at the country’s largest lender.

Officers from the financial regulator BaFin, the federal police, and the Frankfurt public prosecutor’s office launched a raid on the bank’s glass-panelled offices – known locally as the “twin towers” – on Friday morning after securing a search warrant from the local court.

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