Deutsche Bank’s Epstein Dealings Under Scrutiny in New York
- State’s banking regulator looking into compliance and controls
- New York Times, reporting probe, says action could come soon
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New York state regulators are investigating Deutsche Bank AG’s relationship with the disgraced late financier Jeffrey Epstein, adding another compliance issue to a growing list for Chief Executive Officer Christian Sewing.
The New York Department of Financial Services has been looking into the bank’s dealings with Epstein as part of a broader look into the German lender’s compliance and controls, according to a person familiar with the matter.