One hundred seventy officers searched the headquarters of Deutsche Bank in Frankfurt and five other sites in the area early Thursday as part of a money-laundering investigation involving hundreds of millions of euros, prosecutors in Frankfurt said.
Two employees, who were not publicly identified but whose ages were given as 50 and 46, and other “unidentified people in positions of authority” are suspected of failing to report possible money laundering for transactions worth 311 million euros, or more than $350 million.
