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Deutsche Bank faces justice department probe over 1MDB

Investigators are taking a closer look at a former Goldman executive who later worked at the German bank, as part of a broadened inquiry

Published Thu, Jul 11, 2019 · 09:50 PM

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 person with knowledge of the matter.

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 …

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