BREAKING NEWS

BREAKING NEWS

Watchdog extends monitors mandate at Deutsche Bank on Danske dealings

Watchdog extends monitors mandate at Deutsche Bank on Danske dealings
FILE PHOTO: The logo of Deutsche Bank is seen in front of one of the bank's office buildings in Frankfurt, Germany, October 27, 2016. REUTERS/Kai Pfaffenbach/File Photo -
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Kai Pfaffenbach(Reuters)
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FRANKFURT (Reuters) - German financial watchdog Bafin has extended the mandate of its monitor at Deutsche Bank over the bank's role in the a money laundering scandal involving Danske Bank, Germany's flagship lender said in a statement on Friday.

"There is a strong interest in the matters concerning Danske Bank Estonia among regulators globally. There are still no indications of misconduct on our part in this context", Deutsche Bank said.

Earlier, German weekly Der Spiegel reported that the monitor had notified the bank on the mandate extension some days ago.

(Writing by Arno Schuetze; Editing by Riham Alkousaa)

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