Deutsche Bank offices raided in money laundering probe

Deutsche Bank's offices in Frankfurt and Berlin have been raided by officials as part of an investigation into money laundering.

In a statement, Frankfurt prosecutors said Deutsche Bank had "maintained business relationships in the past with foreign companies" which were suspected of "having been used for money laundering purposes as part of further investigations".

A Deutsche Bank spokesperson confirmed to the BBC searches had been carried out at its premises.

Prosecutors said it was conducting the investigation jointly with the Federal Criminal Police Office "against unknown individuals and employees" of the bank, and the raids were launched to secure additional evidence.