Deutsche Bank fined ₹4,200 cr for money laundering in Russia
German lender Deutsche Bank has been fined nearly $630 million (over ₹4,200 crore) over alleged money laundering in Russia worth $10 billion (₹68,000 crore). Deutsche Bank will also be required to hire an outside monitor to review its internal compliance measures. The fine comes after the bank recently finalised a $7.2 billion settlement over its role in 2008 financial crisis.