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Violation Tracker Individual Record

Company: 
Deutsche Bank AG
Current Parent Company: 
Deutsche Bank
Penalty: 
$41,000,000
Year: 
2017
Date: 
May 30, 2017
Primary Offense: 
anti-money-laundering deficiencies
Secondary Offense: 
banking violation
Violation Description: 

The Federal Reserve Board announced a $41 million penalty and consent cease and desist order against the U.S. operations of Deutsche Bank AG for anti-money laundering deficiencies.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Federal Reserve
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Germany
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Source of Data: 

https://www.federalreserve.gov/newsevents/pressreleases/files/enf2017053... (archived copy)

Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.