Deutsche Bank to pay $150 mln penalty over Epstein

Video Credit: Reuters Studio - Duration: 01:09s - Published
Deutsche Bank to pay $150 mln penalty over Epstein

Deutsche Bank to pay $150 mln penalty over Epstein

New York authorities have fined Deutsche Bank $150 mln over failures including the services it provided to Jeffrey Epstein - the former financier who committed suicide while awaiting trial on charges of trafficking minors.

Julian Satterthwaite reports.

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Deutsche Bank Deutsche Bank German banking and financial services company

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Jeffrey Epstein Jeffrey Epstein American financier, socialite and convicted sex offender

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Newser reports Ghislaine Maxwell, the girlfriend of the late Jeffrey Epstein, is now in a federal detention center in New York City. However, it isn't the one where Epstein died last year. The British former socialite, and daughter of media mogul Robert Maxwell, is accused of recruiting girls as young as 14 for Epstein to sexually abuse. She was moved to Brooklyn's Metropolitan Detention Center on Monday and awaits a bail hearing on Friday.

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Credit: PA - Press Association STUDIO    Duration: 00:36Published

New York City New York City Largest city in the United States

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Mario Vasquez @DeutscheBank Does this mean that you will also release the records requested by congress? Deutsche Bank hit with… https://t.co/smwv6hmQaM 13 minutes ago