Investigators search Deutsche Bank offices on money laundering allegations

FRANKFURT (Reuters) - Roughly 170 criminal police officers, prosecutors and tax inspectors on Thursday searched six Deutsche Bank offices in and around Frankfurt on money laundering allegations, the public prosecutor said in a statement.
The investigations are directed against two Deutsche Bank staff members who are alleged to have helped clients set up off-shore firms to launder money gained from criminal deeds, the prosecutor said.
Deutsche Bank was not immediately available for comment.
Its shares lost 3 percent at 0923 GMT.
(Reporting by Arno Schuetze; Editing by Ludwig Burger)
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First Published: Nov 29 2018 | 3:10 PM IST
