How Deutsche Bank rolled out the red carpet for Jeffrey Epstein
Financial Times
February 25, 2026
AI-Generated Deep Dive Summary
Deutsche Bank has come under scrutiny for its ties to Jeffrey Epstein, a convicted sex offender, despite internal concerns about his financial dealings. The bank processed millions of dollars in transactions for Epstein, raising questions about its due diligence and ethical practices. Internal documents reveal that while some employees flagged potential red flags, the bank ultimately allowed Epstein’s financial activities to proceed, including wire transfers linked to his questionable business relationships.
The article highlights how Deutsche Bank facilitated Epstein’s financial empire despite his criminal history. Between 2012 and 2019, the bank processed $75 million in transactions for Epstein through its branches in Liechtenstein and elsewhere. This included payments to individuals with whom Epstein had controversial connections. While some compliance officers raised concerns about Epstein’s activities, senior executives reportedly pushed to keep him as a client, prioritizing financial gain over ethical considerations.
This case underscores the broader challenges banks face in balancing profit and responsibility. The article suggests that Deutsche Bank’s decision to maintain ties with Epstein, despite internal warnings, could have significant implications for its reputation and regulatory compliance. It also raises questions about the extent of oversight in high-stakes finance and the potential risks of ignoring red flags tied to criminal activity.
Ultimately, the story serves as a cautionary tale about the importance of ethical decision-making in the financial sector. By failing to act on concerns about Epstein’s activities, Deutsche Bank not only exposed itself to legal and reputational risk but also contributed to a system that enabled his predatory behavior. This highlights the ongoing need for rigorous due diligence and accountability in global banking operations.
Verticals
businessfinance
Originally published on Financial Times on 2/25/2026