Prosecutors, tax investigators raid Deutsche Bank HQ over Cum-Cum transactions

Published Jul 22, 08:46 AM UTC

Editorial responsibility

Prepared by: WorldAttention Editorial Systems
Human review: No named human review is recorded for this page.
Automated steps: Source reporting is collected, normalized, translated or condensed automatically when needed.
Page status: Automatically published source-backed update

How automation and AI are used · Report a correction or rights issue

On July 22, 2026, investigators from the public prosecutor's office and tax investigation raided the headquarters of Deutsche Bank in Frankfurt am Main. The search is focused on suspected tax evasion linked to Cum-Cum transactions, a method where domestic and foreign economic actors shift shares of German companies around the dividend record date to reduce tax burdens on capital gains. Unlike illegal Cum-Ex deals, Cum-Cum transactions are not inherently illegal, but judges and investigators are increasingly viewing them with skepticism. The information was reported by Business Insider and WELT. Further details are expected shortly.

Source report

Source: Boris Roessler/dpa

Investigators are currently searching the headquarters of Deutsche Bank. According to information from "Business Insider" and WELT, the focus of the investigation is on suspected tax tricks involving Cum-Cum transactions.

Investigators from the public prosecutor's office and tax investigation authorities have been searching the headquarters of Deutsche Bank in Frankfurt am Main since this morning. According to information from "Business Insider" and WELT, the measures are related to investigations into suspected tax evasion in connection with Cum-Cum transactions.

Cum-Cum describes a method in which various domestic and foreign economic actors have attempted to reduce the tax burden on capital gains by shifting shares of German companies around the dividend record date. Unlike criminal Cum-Ex deals, Cum-Cum transactions are not illegal per se. However, judges and investigators are increasingly viewing these structures with growing skepticism.

More information shortly

skaya1, vneumaie

Content shown outside its original language is machine translated; summaries may also be condensed.

Source

Nachrichten - WELTWestern

Original headline: Razzia in der Zentrale der Deutschen Bank

Original language: DE

Part of this Story

Raid on Deutsche Bank Headquarters Over Cum-Cum Tax Transactions

See the full Story: all sources and camp coverage

People and interests

Deutsche Bank Frankfurt