U.S. investigators approach Deutsche Bank\, BofA\, JPM in Danske probe: Bloomberg

U.S. investigators approach Deutsche Bank, BofA, JPM in Danske probe: Bloomberg

Reuters  |  COPENHAGEN 

(Reuters) - U.S. criminal investigators have requested information from Deutsche Bank, and about transactions they handled for Danske Bank's branch, which is at the centre of a scandal, reported on Friday citing sources.

The report said that there were no signs that Deutsche Bank, and JPMorgan, which were correspondent for Danske's Estonian branch, were themselves targets for the investigation.

It said the examination of whether the three gave appropriate scrutiny to the transactions was part of the broader investigation of Danske led by the and prosecutors from the Manhattan U.S. attorney's office.

The and the are also investigating the transactions through the global banks, said.

Deutsche Bank, and declined to comment when asked about the Bloomberg report by

stopped clearing dollar transactions out of Danske's Estonian branch in 2013 because of concerns, Bloomberg said. Deutsche and Bank of America stopped in 2015, it said.

Danske Bank, which declined to comment on the report, also faces criminal investigations in and

(Reporting by Teis Jensen; Editing by Jacob Gronholt-Pedersen/Keith Weir)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 16 2018. 17:57 IST