Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Deutsche Bank
Current Parent CompanyDeutsche Bank
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $200,000,000
Year: 2015
Date: November 4, 2015
Offense Group: financial offenses
Primary Offense: economic sanction violation
Violation Description: The Department of Financial Services announced that Deutsche Bank would pay a $200 million penalty and install an independent monitor for New York Banking Law violations in connection with transactions on behalf of countries and entities subject to U.S. sanctions, including Iran, Libya, Syria, Burma, and Sudan. The bank also paid a $58 million penalty to the Federal Reserve; see the Violation Tracker entry at (click here)
Level of Government: state
Action Type: agency action
Agency: New York Department of Financial Services
Civil or Criminal Case: civil
Facility State: New York
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking & securities
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.