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Deutsche managed Jeffrey Epstein’s private wealth for years

Epstein used the bank’s private wealth division to hold and manage assets connected to him, clients or entities he was affiliated with

US Attorney for the Southern District of New York Geoffrey Berman announces charges against Jeffery Epstein on July 8 in New York City
US Attorney for the Southern District of New York Geoffrey Berman announces charges against Jeffery Epstein on July 8 in New York City Photo: Getty Images

Deutsche Bank played a key role in Jeffrey Epstein’s financial dealings in recent years, helping the accused sex-trafficker move millions of dollars in cash and securities through dozens of private banking accounts with the German bank, according to people familiar with the matter.

Epstein, a wealthy American financier facing two counts in New York related to alleged sex trafficking of minors, used Deutsche Bank’s private wealth division to hold and manage assets connected to him, clients or entities he was affiliated with for a number of years, some of the people said.

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