Deutsche Bank is to pay $ 95 m to settle a German government tax fraud lawsuit which accused the bank of using " insolvent " shell companies to hide tax liabilities from the tax office in 2000 . This settlement puts an end to a lawsuit that aimed to recoup over $ 190 m in taxes , penalties and interest . Last month, Deutsche Bank reached a $7.2 billion settlement in principle to resolve a U.S. probe of its sale of toxic mortgage securities. Deutsche Bank says it is pleased to resolve the claim and move on .
Deutsche Bank is to pay $ 95 m to settle a German government tax fraud lawsuit which accused the bank of using " insolvent " shell companies to hide tax liabilities from the tax office in 2000 . This settlement puts an end to a lawsuit that aimed to recoup over $ 190 m in taxes , penalties and interest . Deutsche Bank says it is pleased to resolve the claim and move on .