German lender Deutsche Bank’s 2018 net profit fell by 65% and revenue by 9% in the third quarter of 2018 as a result of its legacy as a lender that played a major role in triggering the 2008 financial crisis, as well as its connection to Danske Bank Estonia, a Tallinn-based lender that was the hub of a massive €206 billion money laundering scheme involving customers from Russia and other former Soviet republics, including Ukraine, Kazakhstan, and Azerbaijan.
Deutsche’s new CEO, Christian Sewing...

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