Bank in DIFC fined Dh30 million | GulfNews.com:
"A financial regulatory body has slapped a Dh30 million fine against a branch of an international bank at the Dubai International Financial Centre (DIFC) for serious violations.
The Dubai Financial Services Authority (DFSA) has fined the DIFC branch of German banking giant Deutsche Bank AG a total of $8,400,000, the biggest fine issued in years, for “serious contraventions.”
The bank has been found to have breached the DFSA rules regarding its private wealth management business."
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