Deutsche Bank faces US Department of Justice probe over 1MDB


Germany

New York: The US Department of Justice is investigating Deutsche Bank AG as part of a broadened probe of Malaysia’s scandal-plagued 1MDB investment fund, according to a source.

Investigators, who have spent years examining Goldman Sachs Group Inc’s lucrative dealings with the fund, are now taking a closer look at a former Goldman executive who later worked at the German bank, said the source.

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