The Russian division of Deutsche Bank change the leadership

That Annette Fiveg is leaving the post of Chairman of the Board of the Russian company “Deutsche Bank”, “daughter” kropachevo German Bank, reported “Interfax” citing a source in banking circles. As noted by another source, reasons for leaving Five not known.

A source close to Deutsche Bank, confirmed this information.

In a press-service Deutsche Bank declined to comment , further adding that neither confirm nor deny this information.

According to Five takes no one. Together with her team, the Bank abandoned a number of managers.

The Russian head of Deutsche Bank Annette Fives began in November of 2015.

At the end of 2016, the Bank of Russia established the fact of manipulating securities head of trading in shares of Russian “daughter” of Deutsche Bank. The audit of the Central Bank promised to send materials to law enforcement bodies on the fact of obtaining illicit profits and manipulation in the stock market.

In 2016, the financial regulators, the US and the UK fined Deutsche Bank for involvement in money laundering schemes through the Russian “daughter” by entering into “mirror transactions” with Russian shares. Fines banking regulator of the state of new York and the British office for standards compliance behavior in the financial markets exceeded $600 million.

In February it became known that the Russian Federal tax service filed to the Russian branch of Deutsche Bank claims worth over 10 billion rubles — tax, interested held by the Bank in 2013-2014, transactions for buying and selling currencies. As reported in mid-April, claims to Deutsche Bank from the Federal tax were settled.