(CNN) Deutsche Bank entered into a deferred prosecution agreement with federal prosecutors who allege the bank violated anti-bribery laws while doing business abroad. The bank has agreed to pay more than $100 million in penalties, prosecutors announced Friday. The German bank entered into the agreement with Brooklyn federal prosecutors remotely. But it does say that Deutsche Bank would "cooperate fully" with other investigations. The bank did agree to "cooperate fully" with federal prosecutors in any matters currently under investigation.

Source: CNN January 09, 2021 21:33 UTC