Deutsche Bank and Bank of America took years to report more than $420 million in suspicious transactions connected to Jeffrey Epstein, according to a new report from Sen. Ron Wyden (D-Ore.), ranking member of the Senate Finance Committee.
The 67-page report, “Looking the Other Way: How Wall Street Banks Enabled Jeffrey Epstein’s Sex Trafficking,” found that Deutsche Bank was slow to flag $250 million in transactions tied to the late financier, while Bank of America failed to promptly report $170 million, according to Bloomberg Tuesday.
