Russian financial watchdog Bafin has praised the improvements that have been made under CEO Raimund Roeseler at Deutsche Bank , stating that the bank was on the right track; however, it is still investigating the money laundering allegations involving Deutsche Bank clients in Russia . As we noted last year , Bafin found around $10bn of suspicious trades, including $ $10 billion in so-called "mirror trades" that may have allowed German customers to move money from one country to another without informing the authorities.
German financial watchdog Bafin has praised the improvements that have been made under CEO John Cryan at Deutsche Bank, stating that the bank was on the right track; however, it is still investigating the money laundering allegations involving Deutsche Bank clients in Russia. As we noted last year, Deutsche Bank found around $10bn of suspicious trades, including $6bn in so-called "mirror trades" that may have allowed Russian customers to move money from one country to another without informing the authorities.