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Market Chatter: Deutsche Bank Flags Potential Breach of Russian Sanctions to Bundesbank
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Market Chatter: Deutsche Bank Flags Potential Breach of Russian Sanctions to Bundesbank
Apr 17, 2026 5:46 AM

08:19 AM EDT, 04/17/2026 (MT Newswires) -- Deutsche Bank ( DB ) has notified Germany's central bank Bundesbank that it may have violated sanctions that limit deposits of Russian individuals to less than 100,000 euros ($118,000), multiple media outlets reported Friday.

A Deutsche Bank ( DB ) compliance group discovered the potential breach after Germany updated its legislation earlier in the year to implement the EU sanctions.

"Deutsche Bank ( DB ) continuously reviews its processes related to sanctions compliance as part of the ordinary course of business," Deutsche Bank ( DB ) said in a statement reported by media outlets. "Whenever we identify potential issues, we put in place appropriate measures to adapt and improve our processes and we inform the relevant supervisory authorities proactively."

Deutsche Bank ( DB ) didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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