BaFin threatens Deutsche Bank with fines as deadlines to fix controls…

Reported by: Olaf Storbeck Germany’s financial watchdog BaFin has threatened to fine Deutsche Bank if it misses crucial deadlines for fixing its money-laundering controls — the latest escalation of a four-year tussle between lender and regulator.  Bonn-based BaFin on Friday again publicly rebuked the country’s largest bank, highlighting that attempts over a number of years to improve […]