Police raided six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations linked to the "Panama Papers", the public prosecutor's office in Germany's financial capital said.
German authorities are continuing to search offices of Deutsche Bank as part of an investigation into suspicion that some employees helped set up offshore companies that were used to launder hundreds of millions of euros.
Some 170 police officers and investigators from the Frankfurt prosecutors office searched the bank's headquarters as well as four other offices and one private home.
"We will of course continue to actively support the investigation and work constructively with the authorities", Karl von Rohr, Deutsche's co-deputy chief executive officer, said in a statement on Friday evening.
The Panama Papers scandal that erupted in 2016 with a massive data leak from Panamaian legal firm Mossack Fonseca exposed large-scale tax evasion, laying bare how the world's wealthy and powerful stashed their assets in offshore businesses.
Deutsche Bank's hard week continued Friday with prosecutors raiding the lender's offices in Frankfurt, Germany, for a second straight day.
Germany's public prosecutors began investigating the bank in August, the news outlet detailed, adding that they are looking into the activities of two unnamed Deutsche Bank employees, particularly from 2013 through to 2018.
Former US president George H.W. Bush dead at 94
Before getting the keys to the White House, he served eight years as the vice president of Republican icon Ronald Reagan . Former First Lady Barbara Bush died in April, at which time the former president had to bury the love of his life.
The bank's list of problems grew further last week when Deutsche Bank's role in Danske Bank's money-laundering scandal came to light.
Christian Sewing, appointed chief executive in April to help the bank rebuild, has trimmed its US operations and reshuffled its management board, but revenue has continued to slip.
Deutsche Bank's tweet confirming the investigation. "The case is related to the Panama Papers", a spokesperson said.
In September, however, BaFin ordered KPMG to conduct a third-party assessment at Deutsche Bank after criticizing the bank's money laundering and anti-terrorist financing procedures.
Stock losses at Deutsche Bank were also mirrored by declining stock prices at DB "correspondent bank" Danske Bank following news of the raid. At least 28 German entities were identified in the leak, according toreports at the time, including Deutsche Bank.
Danske Bank, Denmark's largest, is under investigation now for laundering €200 billion of "non-resident money", much of it from Russian Federation, between 2007 and 2015, according to Bloomberg. The market capitalization of the once mighty bank is now about $19 billion, not a significant amount more than the bank has had to pay in fines since the financial crisis.
Basket 5: Macedonia , Kosovo , Belarus, Luxembourg, Armenia, Azerbaijan, Kazakhstan, Moldova, Gibraltar, Faroe Islands. Next summer's inaugural UEFA Nations League Finals will be held in Portugal with the four League A group winners.
LED head- and taillamps are standard, and the rear fascia has been redesigned and is punctuated by quad exhaust tips. The 2019 Murano also adds standard 2nd row supplemental side air bags and front passenger supplemental knee air bag.
German tech outlet TechTastic noted that Sony had patented a brand new cartridge format for storing video games. Sony seems to be taking a leaf out of Nintendo's book, with a new patent for a gaming cartridge surfacing.
Nick might have wanted to send out an S.O.S. after Priyanka waited a full 45 seconds to say yes to his proposal earlier this year. Priyanka Chopra alarmed him that her team can read those messages and instead, he should contact her on her cellphone.
The country's attorney general will now decide on whether to prosecute, with no announcement expected before the end of next year. It alleged that Netanyahu sought to interfere with content of Bezeq's Walla website "in a way that would benefit him".
Also, with Kabali at the fifth spot, Rajinikanth is the only actor to have two of films among the top five openers in 2018. Although the film has declined on Day 2, the biz should gather momentum on Day 3 [Sat] and Day 4 [Sun]...
As far as solutions go, playing the postponed second leg of the Copa Libertadores final at the Bernabeu was far from ideal . Image: South American TV channels say this shows Boca striker Carlos Tevez suffering the effects of pepper spray inhalation.
The team is looking to acquire multiple starting pitchers, and Corbin might be at the top of their list. Cincinnati went 67-95 in the 2018 season, winning fewer than 70 games for the fourth straight year.
No human remains were found, which means scientists can not know what species of hominids were there and used the tools. Until now, the oldest known tools from northern Africa were 1.8 million years old, and were found at a nearby site.
Wembley Stadum will host both the semi-finals and final of Euro 2020, as well as three group games and one match in the last 16. As Netherlands and Germany are also Euro 2020 host nations, Ireland were unable to be drawn into the same group as the pair.
Meanwhile, Draymond Green and Alfonzo McKinnie will also miss Thursday's game (Friday, PHL time) against the Raptors . They'll be playing the second game of a back-to-back after they defeated the depleted Chicago Bulls 107-88 on Friday.
G20 opens Argentina summit under shadow of China-US tensions
The standoff was the official reason that Trump cancelled his meeting with Putin, calling what's happening in Ukraine "very bad". Trump appeared to avoid Putin for most of the day Friday, breezing past him as world leaders stood for a photo.
Quentin, Daniella wed in private ceremony
Their reception, at Beverly Hills Chinese restaurant Mr Chow, will be followed by another party later on Thursday. Quentin Tarantino married his fiancée Daniella Pick in an intimate ceremony in Los Angeles, People reports .
Virat Kohli swings the ball like a boss in Australia
India's star opener Prithvi Shaw has given the team a major scare ahead of the first Test against Australia at Adelaide . Overnight batsmen D Arcy Short (74) and Max Bryant (62) played brilliantly before Bryant was out in the 19th over.
Another North Korean soldier defects to South
There is a passenger coach, a sleeping coach, an office coach and a wagon loaded with water for showers and laundry. Seoul took 55,000 liters (14,529 gallons) of diesel, a UN-sanctioned item, to the North for the journey.
DJI Announces Super-Tiny Osmo Pocket 3-Axis Stabilized Camera
The Osmo Pocket supposedly sports a 1/2.3-inch sensor and shoots 12-megapixel still photos and records video in 4K at 60 fps. The camera can also be operated in a Pro Mode , which allows for manual configuration of ISO, aperture and shutter speed.