Germany's financial regulator, BaFin, has imposed a fine of €23 million (approximately $24.3 million) on Deutsche Bank for a series of regulatory violations. The penalties stem from issues related to controversial derivative transactions in Spain and deficiencies at the bank's Postbank division. This fine represents the second-highest penalty ever levied by BaFin against a financial institution. The regulatory body highlighted three distinct breaches that warranted the sanction, underscoring ongoing scrutiny of Deutsche Bank's compliance practices.