Breaking: @DeutscheBank last year sold a California office complex to a company linked to a Russian oligarch. Bank staff tried and failed to block the deal, citing potential damage to the bank's reputation. with @charlie_savage nytimes.com/2019/10/31/bus…
@DeutscheBank @charlie_savage Executives in the US were overruled by officials in Frankfurt, who noted that the transaction wasn't illegal.
Staff in the US then took the unusual step of filing a federal "suspicious activity report" -- about the bank's own transaction.
Staff in the US then took the unusual step of filing a federal "suspicious activity report" -- about the bank's own transaction.
@DeutscheBank @charlie_savage This is not @DeutscheBank's first Russian problem. It has been busted repeatedly for not doing enough to crack down on suspicious transactions, and it's under federal investigation.
Yet it still is doing business with politically connected Russians. nytimes.com/2019/06/19/bus…
Yet it still is doing business with politically connected Russians. nytimes.com/2019/06/19/bus…
@DeutscheBank @charlie_savage And keep in mind that bank staff had previously raised alarms about @realDonaldTrump and Kushner transactions, including some linked to Russia, but their suspicious activity reports were never sent to the govt. nytimes.com/2019/05/19/bus…
