German police conduct raids at Deutsche Bank sites
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German federal police carried out raids at Deutsche Bank locations in Frankfurt and Berlin on Wednesday morning, according to the Spiegel news outlet. Authorities are investigating as yet-unnamed persons and bank employees on suspicion of money laundering, Spiegel said, citing prosecutors. Deutsche Bank confirmed that searches were taking place but said it wouldn't comment further."The bank is cooperating fully with the public prosecutor's office," the bank said.
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