“The headquarters of Germany’s biggest lender Deutsche Bank were raided on Tuesday as part of investigations into a huge tax fraud scam that cost the government billions.” InsiderPaper.com reports.
They go on to say that German authorities have also searched other top banks over the course of 2022 in relation to the case, including Barclays, Morgan Stanley and JPMorgan Chase.
In total, 114 investigators from various parts of the country took part in the search, they said.
You can read more about the story here.
There is definitely a lot of action relating to the financial markets happening around the world!