World Bulletin/News Desk
The U.S. Justice Department and the Manhattan District Attorney's office are investigating the banks for allegedly using U.S. branches to move billions of dollars in Iran-linked transactions, according to the New York Times report, citing unnamed law enforcement officials.
The investigation into Deutsche Bank is at an early stage and so far there is no suspicion the Germany-based institution moved money on behalf of Iranian clients through American operations after 2008, when a policy loophole allowing such maneuvering closed, the Times reported.
Deutsche Bank decided in 2007 it would "not engage in new business with counterparties in countries such as Iran, Syria, Sudan and North Korea and to exit existing business to the extent legally possible," a spokesman told Reuters on Saturday. He declined to comment further.
The Manhattan District Attorney's office and U.S. Justice Department declined to comment. The U.S. Treasury Department did not immediately respond to a request for comment.
The report of the Deutsche Bank probe came days after a settlement for $340 million with New York's banking regulator and Britain's Standard Chartered Plc. The Manhattan District Attorney and federal authorities have not yet settled their probes of the bank.
That deal with New York Superintendent of Financial Services Benjamin Lawsky was done without agreement with the Manhattan District Attorney's office and federal authorities.
Reuters has learned that Lawsky ignored the entreaties of federal regulators to drop his own action in favor of a single, global settlement. Although winning a larger settlement than many thought possible, others say Lawsky's tactics have alienated federal officials and could make it tougher for him to partner with them on future cases.
Since 2009 the Manhattan District Attorney, Treasury Department, Justice Department and other agencies have entered into settlements with a handful of foreign banks including Credit Suisse, Lloyds and most recently ING , totaling roughly $1.8 billion.
Authorities have said in the past other foreign banks are under investigation.
Interior Ministry said nine pro-Ukrainian volunteer fighters, supporting Kiev's forces, were killed in the fighting in Ilovaisk, which lies part way along the road from Donetsk
Crowd were angry because they ordered to leave a neighbourhood placed under quarantine because of the Ebola virus.
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The aftermath of the Brown shooting was due to take a new turn, when the St. Louis County prosecutor's office said it expected to begin presenting evidence to a grand jury investigating the case.
Iraqi ministries approved 15,000 Sunni tribesmen to join into ranks of the Iraqi army in the fight against self-styled Islamic State.rebels.
Officials at the Foreign Ministry of Qatar, a wealthy Gulf Arab state, did not immediately respond to requests for comment on his accusation.
The Balkan country is considering adding 130 km (80 miles) of barbed-wire fencing to an existing 33-km fence along the 240-km southeastern border
The Jordanian national, Bashar Abu Zeid, a communications engineer, smiled soon after the judge read out the ruling.
A ceasefire signed by the warring Seleka and anti-Balaka militias has failed to end violence.
Iraq's escalating crisis means that the Kurdistan region of northern Iraq is now hosting more than 600,000 internally displaced civilians
The armed wing of Hamas, engaged in a six-week war with Israel, said on its website it had fired two rockets at Noa, a gas well owned by Nobel Energy and Delek.
Questioning began at 9pm after guests were informed via loudspeaker that Kadyrov had lost his phone and lasted till the morning.
Tsewang Gonpo, 60; Yeshe, 42; and Jinpa Tharchin, 18 died in detention in Ganzi after being denied medical treatment for their injuries, the U.K.-based Free Tibet group said
The 42-year-old, known as the Iron Lady of Manipur, began her fast in November 2000 after 10 people were killed in a shooting at a bus stop near her home in Manipur
Israeli aircraft have carried out 80 strikes in the Gaza Strip, killing 19 people including children