On 4 February 2025, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) imposed administrative fines amounting to EUR 23.05 million on Deutsche Bank AG. The company breached organisational requirements under the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) in connection with the sale of derivatives. In addition, its Postbank branch disregarded the obligation to record investment advice and repeatedly failed to comply with the requirements of the German Payment Accounts Act (Zahlungskontengesetz – ZKG) regarding the account switching service.
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