Leaked documents shed a light on Deutsche Bank’s central role in facilitating financial transactions deemed suspicious. Many of these could have enabled the circumvention of sanctions on Iran and Russia.
Germany’s largest bank Deutsche Bank is no stranger to scandals. But the leaked FinCEN files suggest the bank was aware of facilitating suspicious transactions amounting to over $1 trillion dollars, including for a period after it had promised to clean up its act.
The FinCEN files are a huge cache of secret reports detailing suspicious financial activity, filed by banks to the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury Department (USTD).
BuzzFeed News obtained the files and shared them with the International Consortium of Investigative Journalists (ICIJ)...