Deutsche Bank must face lawsuit over ties to oligarchs, Jeffrey Epstein, other risky clients By Reuters


© Reuters. FILE PHOTO: The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo

NEW YORK (Reuters) – A U.S. judge said Deutsche Bank AG (NYSE:) must face a shareholder lawsuit claiming it concealed shortfalls in its know-your-customer and anti-money laundering systems, while doing business with financier Jeffrey Epstein, Russian oligarchs and other wealthy, risky clients.

U.S. District Judge Jed Rakoff in Manhattan said shareholders may also pursue claims against the German bank’s Chief Executive Christian Sewing and his predecessor John Cryan.

He dismissed claims against the bank’s chief financial officer and his predecessor.

Leave a Comment

Leading the way

Let's build a better world together

Project planning
Design expertise
Great qualifications

Nullam vestibulum finibus sapien, id consequat mauris tempus auctor.


90 Newport St., Natick, MA 01760

83 Taylor Street, Kings Mountain, NC 28086

22 Birch Hill St., Villa Rica, GA 30180

Support requests

Nullam scelerisque leo felis, quis congue mauris tristique in. Suspendisse pulvinar, felis eu facilisis mattis, turpis odio luctus nisi, et ultrices velit enim quis lacus.

Request a quote

[Insert your contact form here]


Vivamus vehicula dictum elit at bibendum. Etiam finibus eros ut urna auctor ullamcorper. Sed at erat eget nisl rutrum ultrices sed eu ex.


Sign up to receive the latest news and trends from our company.

More questions? Get in touch