The moon shines next to the headquarters of Deutsche Bank in Frankfurt, Germany. ASSOCIATED PRESSKey FactsAs part of a resolution with the SEC and the Department of Justice, Deutsche Bank will pay a more than $120 million fine, including more than $43 million to settle the SEC's charges, the regulator said. According to the SEC's order, Deutsche Bank engaged foreign officials, their relatives and associates to keep and obtain global business from at least 2009 through 2016, funneling about $7 million to them in bribe payments or payments for unauthorized services. raises troubling new concerns about the extent to which Deutsche Bank holds financial leverage over the President and his family, and the implications of this ongoing financial relationship,” the senators wrote at the time. Further ReadingTrump's Deutsche Bank Loans Appear To Be In Trouble (Forbes)

Source: Forbes January 08, 2021 21:45 UTC