BERLIN (Reuters) – German prosecutors said on Tuesday they were dropping a money laundering investigation against managers at Deutsche Bank
, over its relations with Danske Bank’s
Estonian subsidiary, citing a lack of evidence.
The economic crimes unit at the Frankfurt Prosecutor’s Office also fined Deutsche Bank 13.5 million euros ($15.9 million) for being slow to report suspected money laundering in more than 600 cases.
(Reporting by Douglas Busvine; Editing by Maria Sheahan)
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