12-04-2019 20:59 670


The Financial Times writes that the three largest US banks checked accounts of their clients in order to identify possible cases of money laundering from Russia.

Bank of America CEOs Brian Moynihan, Morgan Stanley James Gorman and Citigroup Michael Corbat announced this at a congressional hearing.

Meanwhile, officials from Bank of America and Morgan Stanley reported that the checks did not reveal any suspicious transactions. Citigroup CEO said that "he cannot comment on the ongoing investigation," the newspaper writes.

Currently, US lawmakers are investigating Deutsche Bank. The largest bank in Germany is accused of laundering money from Russian clients. In 2017, Deutsche Bank agreed to pay a fine of 630 million US dollars on a similar request in the United States and the United Kingdom.

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