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Dutch lender ABN Amro disclosed it is facing a criminal investigation over suspected lapses in its anti-money laundering controls and that it could face a significant penalty, the Financial Times reported. More German authorities raided Deutsche Bank’s headquarters in Frankfurt as part of a probe into its clearing of thousands of suspicious transactions while acting as a correspondent institution for Danske Bank, the Danish lender at a center of a massive money laundering scandal, the Financial Times reported. More Danske Bank’s new chief executive, Chris Vogelzang, said the Nordic banking sector needs to do more to bolster compliance with anti-money...