Deutsche Bank has also come under scrutiny over its activities as a correspondent for scandal-plagued Danske Bank, Denmark's largest lender.
The prosecutors said they are looking at whether Deutsche Bank may have assisted clients to set up "Offshore-Companies" in tax havens so that funds transferred to accounts at Deutsche Bank could skirt anti-money laundering safeguards.
Frankfurt prosecutors' spokeswoman Nadja Niesen said the investigation was focused on two Deutsche Bank employees, aged 50 and 46, and possibly other not-yet identified suspects.
Deutsche Bank confirmed the search of its offices and said it was fully cooperating with the authorities.
As news broke Thursday morning that Deutsche Bank's German headquarters had been raided in Frankfurt over, numerous observers were quick to note the bank's deep ties to U.S. President Donald Trump.
Jimmy Butler Hits Another Game-Winner, Defers to Teammates The 76ers are now 5-2 since trading for Butler, and can thank his late shot-making prowess directly for a pair of those wins. D'Angelo Russell did his best to keep the Nets in it as he puts up a game-high 38 points while shooting 57% from the floor.
In 2016 alone, over 900 customers were served by a Deutsche Bank subsidiary registered on the British Virgin Islands, generating a volume of 311 million euros, the prosecutors said. "The case is related to the Panama Papers", a spokesperson said. "Something seems to be basically wrong in the compliance and anti-money laundering area of the bank".
A deeper probe of the bank was triggered after investigators reviewed so-called "Offshore-Leaks" and "Panama Papers", the prosecutor said.
In September, Germany's financial regulator ordered the bank to take further action to prevent money laundering and terrorism financing.
Christian Sewing was appointed as chief executive in April to help the bank to rebuild.
Last year, Deutsche Bank was fined almost $700million for allowing money laundering through artificial trades between Moscow, London and NY.
Deutsche Bank is in the throes of a major restructuring plan, with 7,000 jobs to go by the end of 2019.
While Bloomberg notes that only the UK's Royal Bank of Scotland has paid out more in legal settlements than Deutsche Bank since 2008, various European institutions have sought to "bash" Bitcoin at the same time as being found guilty of financial crimes.
The 43-year-old summed up that their relationship was "like a love story that didn't have a ideal ending". However, a paternity test a couple of months after her birth in 2007 proved he was indeed the father.
Danni Wyatt started brilliantly, but we kept losing wickets at key times and weren't able to post a total that was competitive. Teenage legspinner Wareham (2-11) snared two wickets and also completed a run out to remove England's Amy Jones for four.
It said it has also supplied more than half of the 537 4G LTE networks across the world and 59 of the 90 4.5G networks. The US lawmakers have even made concerns about the companies business in the developed nations like South Korea.
Here he takes the defence and Joe (Schmidt) the attack. "I would be in contact with a few guys from the IRFU". As a head coach Ireland's Joe Schmidt was right up there with the best said Irish hooker Rob Herring.
What will the demand scene in India be next year? . -China trade frictions and push for a pullback in future oil productions. Of the 31 who forecast a reduction, 12 said that Russian Federation wouldn't participate in actual supply restraints.
But in response to questions he likened the policy process to walking through a dark room, forcing officials to slow down. He said: "We will be paying very close attention to what incoming economic and financial data are telling us".
Hyde-Smith drew fire for praising a supporter by saying she would attend a "public hanging" if he invited her. Cindy Hyde-Smith, he said, "votes for us and she votes for Make America Great Again and America First".
Liverpool captain Jordan Henderson , sent off at Watford at the weekend, could not get close to his direct opponent . Liverpool were beaten 2-1 in Paris by PSG on Wednesday whilst Napoli defeated Red Star Belgrade 3-1 in Naples.
Curry was driving his Porsche on a highway Friday in Oakland, Calif , when another auto spun out of control and into his path. With this, the incident was carefully analyzed while the footage was first obtained by TMZ last Monday.
If the price of bitcoin is much higher than $6,000 on the date of expiry, I get my bitcoin at a huge discount to the market. The report comes nearly a year after Nasdaq announced its plans to introduce bitcoin futures back in November 2017.
HIV/AIDs: UK meets global target, as new diagnoses drop
Last week, a UNAID report found that 9.4 million people living with HIV worldwide do not now know they are living with the virus. Around 59 percent of cases in Eastern Europe are due to heterosexual contact the report finds.
North Carolina fires football coach Larry Fedora
What kind of name can the Tar Heels land? But he said he did not want to speculate on the seventh-year coach's future. North Carolina is in the process of searching fora new coach and evaluating the rest of the football program's staff.
Turkish police search villas in Khashoggi murder case
The search comes after US President Donald Trump was been accused of not telling the truth in response to the murder of Khashoggi. After initially saying he had left the consulate alive, the Saudi administration admitted weeks later that he was killed there.
MPs grill Prime Minister over no-deal Brexit risk
May went on to say the Commons must pass the withdrawal agreement, which sets out a transition period to ensure an orderly Brexit. The i leads on the economic forecast on Brexit, saying it could be the worst slump since the Second World War.
Trudeau meets with Unifor as GM set to shutter Oshawa plant
GM also said it will reduce salaried and salaried contract staff by 15 per cent, which includes 25 per cent fewer executives. Two transmission plants - one in White Marsh, Md., and another in Warren, Mich. - are also set to stop production.
Mother and baby killed by grizzly bear in Yukon: coroner
Remy Beaupre, a friend of Theoret, said the schoolteacher was on maternity leave. "Everybody is totally devastated right now". They had settled in the cabin for the duration of Theoret's maternity leave from teaching at a Whitehorse elementary school.
Huawei to launch P Smart 2019 with tiny droplet notch
Express.co.uk is on hand to help you find the best smartphone deals and will be bringing you updates on the latest handset deals. The Chinese tech giant did not mention the price but tech sites say the phone will be available through Amazon India .
Action Cowboy Bebop Is Coming To Netflix
And, perhaps most importantly for fans of the original series, director Shinichiro Watanabe is on board as a consultant. Cowboy Bebop only ever aired 26 episodes originally, but there was also an anime film and other franchise extensions.