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Deutsche Bank’s Frankfurt headquarters raided by German authorities

Shares fell on the news, trading 2.2% lower at €9.41 at 10:35 GMT

Deutsche Bank's Frankfurt base visited as part of probe
Deutsche Bank's Frankfurt base visited as part of probe Photo: Alamy

German authorities searched Deutsche Bank’s headquarters in Frankfurt on 29 April, a move the bank said was related to suspicious activity reports it filed to an anti-money-laundering agency.

Agents from Frankfurt’s prosecutor’s office, German financial regulator BaFin and the federal police showed up at Deutsche Bank with a search warrant issued by the Frankfurt local court, the prosecutor’s office said in a statement. It said it couldn’t provide further information.

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