U.S. SEC fines Deutsche Bank $16 million to settle foreign corruption charges
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Thursday said Deutsche Bank had agreed to pay $16 million to settle charges that it violated the Foreign Corrupt Practices Act
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Thursday said Deutsche Bank
The regulator alleged that the bank hired relatives of foreign government officials in both the Asia-Pacific region and Russia in order to improperly influence them in connection with its investment banking business.
(Reporting by Michelle Price, Editing by Rosalba O'Brien)
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