
Deutsche Bank agreed to pay $150 million in settlement of allegations it failed to properly monitor account activity conducted on behalf of Jeffrey Epstein, and also that Deutsche Bank failed to properly monitor activities with bank clients Danske Estonia and FBME Bank with respect to their correspondent and dollar clearing business, both of whom had histories of suspicious transactions. For more info visit https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202007071