Topic: Deutsche Bank

German police and tax authorities raided more than 20 banks, tax advisers, asset management companies and the homes of eight suspects on Wednesday, in an investigation related to the police search of Deutsche Bank’s headquarters in Frankfurt on 29 and 30 Nov. 2018.

The Bank of N.T. Butterfield & Son Ltd. announced Thursday that it has entered an agreement to acquire Deutsche Bank’s banking and custody business in the Cayman Islands, Jersey and Guernsey.