Deutsche Bank, the German bank that loaned $300 million to Donald Trump, was part of a global money laundering scheme (dubbed "the Global Laundromat") led by Russian criminals, the Guardian reports.
Using company records, the investigative reporters said they tracked some clients, many rich and powerful Russians who made fortunes from dealing with the Russian state, including a businessman in the inner circle of Russian President Vladimir Putin and IT distributors in Russia, including for Apple, Samsung and Asus.
Deutsche Bank's connection to criminal money from Russian Federation is further complicated by news that the German bank loaned about $300 million to Trump.
"The Financial Conduct Authority and the National Crime Agency take any such allegations seriously and will investigate closely whether recent information from the Guardian newspaper regarding money laundering from Russian Federation, or indeed any other media source, would allow the progression of an investigation". Banks are supposed to confidentially alert authorities to transactions that may warrant further investigation.
Barclays said it "complies with the rules and regulations in all the jurisdictions".
"The Financial Conduct Authority and the National Crime Agency take any such allegations seriously and will investigate closely whether recent information from the Guardian newspaper regarding money laundering from Russian Federation, or indeed any other media source, would allow the progression of an investigation", Kirby said.
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Earlier this week, Reuters reported that, according to Kishinev, Russian money to the amount of at least United States dollars 22 B was laundered via the financial system of the country.
A spokesman for HSBC said: "The bank has systems and processes in place to identify suspicious activity and report it to the appropriate government authorities".
Cash would be sent to accounts in Moldova, from where it was moved to Latvia and then on to as many as 96 other countries.
"This case highlights the need for greater information sharing between the public and private sectors, each of whom holds important information the other does not", HSBC told the newspaper.
"The NCA remains willing to consider any formal request for assistance from the Moldovan authorities in connection with their investigation, and will consider whether information provided by the Guardian or other media sources would allow the progression of an investigation", it said in a statement.
Coutts has previously been fined in the United Kingdom for violating money laundering rules.