Deutsche Bank may be fined for deals with Iran

 

The U.S. may fine Deutsche Bank (Germany) for cooperating with blacklisted states, Interfax reports.BNP Paribas has already been fined with 6.4 billion euros ($9 billion) last week for the same reason.Deutsche Bank is suspected of cooperating with Iran, Syria and Sudan. The bank has offered to cooperate with U.S. auditors.Societe Generale and Credit Agricole are investigating operations that could be violating U.S. economic sanctions.

 

The U.S. may fine Deutsche Bank (Germany) for cooperating with blacklisted states, Interfax reports.

BNP Paribas has already been fined with 6.4 billion euros ($9 billion) last week for the same reason.

Deutsche Bank is suspected of cooperating with Iran, Syria and Sudan. The bank has offered to cooperate with U.S. auditors.

Societe Generale and Credit Agricole are investigating operations that could be violating U.S. economic sanctions.