Deutsche Bank has been fined $630 million for failing to stop its clients laundering money from Russia.
The fine’s been imposed by regulators in the US and UK.
In the past two years, Deutsche Bank has paid about ten billion dollars in fines for fixing interest rates and selling toxic mortgage-backed securities.
Mobin Nasir explains the bank’s latest transgression.
Subscribe: https://www.youtube.com/channel/UC7fWeaHhqgM4Ry-RMpM2YYw?sub_confirmation=1
Livestream: http://www.youtube.com/c/trtworld/live
Facebook: https://www.facebook.com/TRTWorld
Twitter: https://twitter.com/TRTWorld
Visit our website: http://www.trtworld.com/
source
