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Deutsche Bank tops list of suspicious transactions in leaked files

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Deutsche Bank, Germany's largest lender, topped the list of suspicious transactions that were flagged to the U.S. government over nearly two decades.

The leaked documents filed with the U.S. Department of Treasury's Financial Crimes Enforcement Network, or FinCEN, show $1.3 trillion of $2 trillion passed through Deutsche Bank.

Officials with the German banking company said the incidents in the leaked documents "have already been investigated and led to regulatory resolutions in which the bank's cooperation and remediation was publicly recognized. Where necessary and appropriate, consequence management was applied."

Financial firms are required by law to flag suspicious transactions, such as possible money laundering or sanctions violations.

Read more from CNBC.


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