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- New York imposes $150m penalty on Deutsche Bank over Epstein link
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The tell-all book due out shortly from Mary Trump, the niece of the president, tells of a family divided by trauma.
The Trump family failed to block the book after court efforts failed to stop publisher Simon & Schuster printing and distributing it, even though a restraining order was ongoing against Mary Trump herself, the daughter of Donald Trump’s late oldest brother.
In response to the news that New York state has sanctioned Deutsche Bank, the bank put out a statement by a spokesperson.
We acknowledge our error in onboarding Epstein in 2013 and the weakness in our processes, and have learnt from our mistakes and shortcomings. Immediately following Epstein’s arrest, we contacted law enforcement and offered our full assistance with their investigation.
The Department of Financial Services factual findings on Danske Estonia and FBME, like our own internal investigation, identified various deficiencies in our oversight and monitoring of the banks that used our clearing services. There was no intentional effort by anyone within the bank to facilitate unlawful activity...while the settlement reflects our upmost [sic] cooperation and transparent engagement with our regulator, it also shows how important it is to continue investing in our controls and enhancing our anti-financial crime capabilities.
Just got the following statement from @DeutscheBank spokesman Dan Hunter ––> pic.twitter.com/NpmzXuujcb
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