German authorities raid Deutsche Bank offices over suspected Cum-Cum tax fraud

German prosecutors have raided Deutsche Bank's Frankfurt headquarters as part of an ongoing investigation into historical 'cum-ex' and 'cum-cum' tax fraud schemes. The probe specifically targets operations conducted by the bank's subsidiary, Postbank, between 2008 and 2010, focusing on alleged illegal tax transactions that reportedly caused significant losses to the German treasury. The raid confirms continued legal scrutiny of Deutsche Bank's involvement in dividend tax refund irregularities.