Deutsche Boerse's Clearstream in moneny-laundering probe

(MENAFN- AFP) German stock market operator Deutsche Boerse said on Wednesday that its clearing and settlement unit Clearstream is the target of a money-laundering probe in the United States. "Clearstream Banking has been informed that the United States Attorney for the Southern District of New York has made Clearstream subject of criminal investigation in connection with alleged violations of US money laundering and Iran sanction laws," Deutsche Boerse said in a statement. Clearstream was cooperating with the investigation which was still at a "very early stage," the statement added.