Deutsche Bank Raided in Germany Over Money Laundering Probe

• German investigators conducted searches at Deutsche Bank offices in Frankfurt and Berlin.
• The probe targets "unknown employees" and past business relationships with foreign entities suspected of money laundering.
• Deutsche Bank confirmed the searches and stated full cooperation with authorities.
• The raids occurred a day before the bank's 2025 earnings report release.
• Deutsche Bank has a history of regulatory scrutiny, including fines for manipulating foreign exchange and anti-money laundering control failures.

Why It Matters: Deutsche Bank faces a new money laundering investigation, leading to raids at its German offices.