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Morgan Stanley’s Frankfurt offices searched by German officials
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Morgan Stanley offices in Frankfurt were raided on Tuesday, 3 May, the US bank confirmed in a statement, adding that the investigation is related to past activity and it is fully cooperating with German authorities.
Prosecutors in Cologne said that search warrants were issued on the morning of 3 May against a banking institute in Frankfurt, and that the private residences of two individuals were also searched in relation to the investigation. Prosecutors also went through written correspondence such as emails.
The...
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