Violation Tracker Individual Record
Company:
Deutsche Bank AG
Current Parent Company:
Deutsche Bank
Penalty:
$41,000,000
Year:
2017
Date:
May 30, 2017
Offense Group:
financial offenses
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 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.
