Senior German lender Deutsche Bank is under investigation for suspected money laundering, with searches conducted at its Frankfurt headquarters and a Berlin site by the Frankfurt Public Prosecutor’s Office and the BKA, targeting earlier business relationships.

The operation is being associated by media with Abramovich, the Lus-Russian oligarch, though the bank and authorities have not disclosed further details.

Bank spokespersons confirmed the searches and said they are cooperating with authorities, but provided no additional information.

The report is a brief video item with a standalone timestamp and brief duration, indicating a concise news update rather than an in‑depth feature.

The information comes from ANSA in collaboration with AFP, with timestamps indicating the report’s timing.

DIE ZEIT is covering the development, with updates anticipated as the inquiry progresses.

The timing is notable as Deutsche Bank was preparing to announce its strongest profits in years at a January 29 briefing led by CEO Christian Sewing, amid ongoing financial news.

The searches aim to secure additional evidence, following reporting by Spiegel magazine.

AFP cites prosecutors reviewing events from 2013 to 2018 related to money laundering and related offenses under anti‑money‑laundering laws.

Additional details are expected soon, with a standing timestamp indicating developing coverage.

Abramovich, under EU sanctions since 2022, denies any German investigations via his attorney, claiming compliance with laws.

Stock markets briefly dipped as the raid news circulated, with Deutsche Bank shares falling around 2–3% ahead of the earnings disclosure and the full-year results release the following day.