Report says justice officials examining if bank broke foreign corruption or money-laundering laws
US officials are investigating whether the crisis-hit Deutsche Bank violated foreign corruption or anti-money-laundering laws in its work for the Malaysian state fund 1MDB, according to reports.
It follows the bank’s plans to scrap its global equities unit, cut some fixed-income operations and slash 18,000 jobs globally in a $8.34bn (£6.64bn) restructuring programme.
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