Deutsche’s problems were so striking they prompted Bank of America to file a confidential alert known as a suspicious activity report, or SAR, to the US government. Bank of America employees had visited Deutsche’s London office to discuss worries about Russian money laundering. They were stonewalled when a Deutsche manager interrupted their meeting and asked them to leave the building. Bank of America found the situation troubling enough that it raised the matter with Achleitner, according to its filing.
Another top Deutsche executive, Christian Sewing, ran the audit division when one of its teams gave the Moscow office a clean bill of health, despite evidence that it could not even produce a list of its clients, let alone verify that they were who they said they were. Sewing is now Deutsche’s CEO.
--------------------------------------------------
snip
When Deutsche Bank Collapse will happen , at least in the same way that Lehman failed, then every other financial institution will face the same questions and economic collapse will hit the world.
https://hksar.org/5-signs-of-deutsch...nk%20is%20dead.
Comment