The International Consortium of Investigative Journalists have conducted a massive world-wide investigation of tax-avoidance and money laundering by thousands of people and orgs in the world's global off-shore scams. Today sees the start of the publication of gigabytes of data they have gathered.
Deutche Bank is revealed to have "worked aggressively" to hide client's money in the British Virgin islands and elsewhere.
..."Many of the world’s top’s banks – including UBS, Clariden and Deutsche Bank – have aggressively worked to provide their customers with secrecy-cloaked companies in the British Virgin Islands and other offshore hideaways..."
This is the start of the story. We are promised many more very embarrassing revelations over the next few days.
Very lengthy report at ... http://www.icij.org/offshore/secret-fil ... bal-impact