Federal officials have reportedly launched a criminal investigation into Deutsche Bank for potential lapses money-laundering law.
Investigators are reportedly reviewing whether or not the bank correctly handled suspicious activity reports that its employees prepared about possibly problematic transactions, including some linked to President Trump’s son-in-law and senior adviser, Jared Kushner. It is not clear if the investigation will look into any broader scope of violations.
The investigation into the bank is part of several separate but overlapping government reviews into how illegal funds flow through the American financial system. Deutsche Bank has said that it is cooperating with government investigations.