People are silhouetted next to the Deutsche Bank’s logo prior to the bank’s annual meeting in Frankfurt, Germany, May 24, 2018. REUTERS/Kai Pfaffenbach
FRANKFURT (Reuters) – German financial watchdog Bafin has asked Deutsche Bank (DBKGn.DE) to supply information on its dealings with Danske Bank (DANSKE.CO), which is ensnarled in money laundering allegations, a source close to the matter said on Tuesday.
After a fast evaluation of the data, Bafin will decide whether to launch a formal probe into Deutsche Bank, the source added.
Deutsche Bank and Bafin declined to comment.
Reporting by Andreas Framke; Writing by Arno Schuetze; Editing by Riham Alkousaa