The German bank signed an agreement with federal prosecutors in Brooklyn remotely. The criminal complaint charges the bank with two counts, including conspiracy to violate the Foreign Corrupt Practices Act and conspiracy of electronic fraud affecting a financial institution.
The bank agreed to “cooperate fully” with federal prosecutors on any matter currently under investigation.
“Our thorough internal investigations and full cooperation with DOJ and SEC investigations on these matters reflect our transparency and determination to leave these matters firmly in the past,” said Hunter in the statement.
“As recognized in the resolutions, we have taken significant corrective action in response to these problems. More broadly, in the years since these problems occurred, we have invested more than 1 billion euros in data, technology and controls, also to improve our operational and operational processes. We have increased our financial crime-fighting team to more than 1,600 people worldwide and will continue to invest significantly in technology this year and in the future, especially with regard to anti-financial compliance crime. “