Deutsche Bank
Epstein's bank 2013-2018; $150M regulatory settlement
Also known as: DB, Deutsche Bank, DEUTSCHE BANK
German multinational bank that took on Jeffrey Epstein as a client in 2013 after JPMorgan dropped him. Deutsche Bank maintained the relationship until 2018, processing hundreds of transactions including payments to alleged co-conspirators and victims. In 2020, the bank paid $150 million to settle with New York regulators over compliance failures related to the Epstein account.
Related Organizations (2)
Timeline (3 events)
Epstein opens Deutsche Bank accounts
Jeffrey Epstein opens accounts at Deutsche Bank after being dropped by JPMorgan Chase. Multiple entities established with checking and money market accounts.
Source: NYDFS consent orderDeutsche Bank closes Epstein accounts
Deutsche Bank terminates banking relationship with Epstein following internal compliance review.
Source: NYDFS consent orderDeutsche Bank pays $150M fine
New York DFS fines Deutsche Bank $150 million for compliance failures related to Epstein accounts, including failure to detect suspicious transactions.
Source: NYDFS consent order