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Germany news: Prosecutors search Deutsche Bank headquarters

Europe 1 source 1 country 🔦 Under-reported 8m ago

German prosecutors have launched a search of Deutsche Bank’s headquarters in Frankfurt as part of an ongoing investigation into tax practices. The inquiry focuses on allegations of fraudulent tax claims filed by the bank’s subsidiary, Postbank, during the period between 2008 and 2010.

The search is part of a broader effort by authorities to examine financial activities occurring within the institution over a decade ago. While the investigation remains centered on the historical tax filings of the subsidiary, the involvement of federal prosecutors underscores the continued scrutiny of the bank's past operational conduct.

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Read the full story at the source DW (Deutsche Welle) · DE
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