US checks Deutsche Bank in money laundering in Russia

The New York State Department of Financial Services asked Deutsche Bank AG to provide information on the activities of the Moscow office of the bank, US media reported.

The department's request is related to information on money laundering in Russia.

It is reported that the agency has requested electronic correspondence, documents, customer lists and other materials on the case. Thus, the department plans to trace the path of transactions worth several billion dollars, which, according to one of the versions, could be used to withdraw income from Russia of dubious origin.

The Financial Times publication, citing the request text, reports that the matter concerns the alleged attempt to bribe the employees of the Moscow office of Deutsche Bank at the end of 2014.

In turn, Bloomberg informs that the department is checking information about whether employees of the Moscow office have not conducted operations that would help Russian clients to bypass economic sanctions.

At the end of May, it was reported that Deutsche Bank began an internal audit of a possible money laundering case in the Moscow branch.