German investigators have raided the offices of Deutsche Bank, the country's largest lender, as part of an investigation into suspected money laundering. Searches were conducted on Wednesday at the bank's headquarters in Frankfurt and in Berlin.
Prosecutors in Frankfurt stated the probe targets "unknown employees" and prior business relationships with foreign entities, believed to have been used for illicit financial transactions. The prosecutor's office could not provide further details on the nature or scale of the transactions under scrutiny.