Fed fines Deutsche Bank $41 million over anti-money laundering program

The Federal Reserve fined Deutsche Bank












DB, -2.65%










$41 million over anti-money laundering deficiencies in the bank’s U.S. operations. The Fed said there were billions of dollars in potentially suspicious transactions processed between 2011 and 2015 that weren’t properly scrutinized.

Source

READ ---  Tesla Inc (TSLA) Stock Still Languishing Despite Analyst Call For Exponential Growth