•German authorities raided Deutsche Bank as part of a money laundering investigation into transactions linked to Roman Abramovich between 2013 and 2018.
•The probe concerns an allegedly late report of suspected money laundering, despite the bank reporting record profits and a new share buyback.
•Parker Hannifin announced a definitive agreement to acquire CIRCOR International's commercial and defense aerospace business for $2.55 billion in cash.
•The transaction is expected to close in the second half of calendar year 2026, subject to regulatory approvals.
•The purchase price includes $75 million in tax benefits and represents 18.2x estimated 2026 adjusted EBITDA including expected cost synergies.
