Global bank shares fall on leaked documents cache

The top two banks are Deutsche Bank, which disclosed $1.3 trillion of suspicious money in the files, and JPMorgan, which disclosed $514bn, the analysis found.

A cache of leaked documents suggests increased scrutiny on suspect transactions at banks does little to stem the flow of trillions of dollars linked to suspicious activity -- and shares of the biggest global lenders fell. 

A new investigation by the International Consortium of Investigative Journalists says JPMorgan Chase, Deutsche Bank, and HSBC were among the global banks who “kept profiting from powerful and dangerous players” in the past two decades even after the US imposed penalties on these financial institutions.