"German federal prosecutors descended on Deutsche Bank's Frankfurt headquarters and Berlin offices Wednesday morning, conducting searches as part of an investigation into alleged money laundering. The raid cast a shadow on what should have been an unblemished moment of triumph as CEO Christian Sewing announced booming annual profits at Germany's largest lender. The morning after the raid, Deutsche Bank announced its highest annual profit since 2007: $8.5 billion net profit in 2025, powered by robust investment banking revenues."
""We confirm that the Frankfurt public prosecutor's office was on site in our offices on Wednesday. This is related to transactions dating back to the period 2013-2018. It is based on an allegedly late filing of a suspicious activity report," a spokesperson for Deutsche Bank told Fortune. "On this basis, the prosecutor is assessing whether there was any potential money laundering. We are of course fully cooperating with the public prosecutor's office.""
German federal prosecutors searched Deutsche Bank's Frankfurt headquarters and Berlin offices over an investigation into alleged money laundering tied to transactions from 2013–2018. The bank confirmed the searches and said prosecutors are assessing whether there was potential money laundering and that it is fully cooperating. The raids coincided with Deutsche Bank reporting an $8.5 billion net profit in 2025 and unveiling a share-buyback program of more than $1 billion. Shares fell about 1.86% after news of the investigation and recovered only slightly. The bank has a history of compliance failures, prior raids, civil suits, and more than $20 billion in fines since 2000.
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