New York state regulators says the bank had suffered “significant compliance failures”, processing hundreds of transactions for the late financier.
Those included payments to Russian models and $800,000 in “suspicious” cash withdrawals.
Deutsche Bank says it “deeply” regretted its relationship with Epstein.
It says it has spent almost $1 billion to improve its training and controls and expand its anti-financial crime team to more than 1,500 people.