Deutsche Bank Offices Raided by Police in Money-Laundering Probe Linked to Panama Papers

Police vehicles in front of Deutsche Bank headquarters as roughly 170 criminal police officers, prosecutors, and tax inspectors searched their offices in Frankfurt, Germany, on Nov. 29, 2018. Reuters/Kai Pfaffenbach
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FRANKFURT—About 170 police officers, prosecutors, and tax inspectors searched six Deutsche Bank offices in and around Frankfurt on Nov. 29 over money-laundering allegations, the Frankfurt public prosecutor’s office said in a statement.

Investigators are looking into the activities of two Deutsche Bank staff members who are alleged to have helped clients set up off-shore firms to launder money, the prosecutor’s office said.