Raid on Deutsche Bank after suspicions of money laundering

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Raid on Deutsche Bank after suspicions of money laundering
Photo: Matthias Schrader/AP/TT

Police and prosecutors raided Deutsche Bank's offices on Wednesday. Authorities suspect that an unknown number of employees may have been involved in money laundering.

The major German bank has struggled for many years to get back on its feet after several scandals and major losses.

The stock fell 2-3 percent on the Frankfurt Stock Exchange after the announcement of a crackdown in Frankfurt and Berlin.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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