The past few years have not been the best of times for Deutsche Bank. In fact, one might characterize them as whatever is German for anni fucking horribiles, which is to say that at various points the lender has: failed its stress test; released its own (!) internal survey showing that a large number of employees are embarrassed to admit they work at the bank; had Bloomberg call its C.E.O. a failure; seen its net income fall off a cliff; had a pair of traders convicted of manipulating Libor; and conducted an internal probe that shows it might have “handled about $150 billion” of the $230 billion that was laundered out of Russia’s Danske bank. And on Thursday, this happened:

German police raided Deutsche Bank’s offices in Frankfurt in a probe of money laundering against the country’s flagship lender. . . . The public prosecutor’s office in Frankfurt said an evaluation of data from the Panama Papers had triggered suspicion that the bank may have helped customers create offshore companies in tax havens around the world.

In 2016 alone, more than 900 customers with a business volume of 311 million euros ($353.6 million) were thought to have been cared for by a Deutsche Bank subsidiary based in the British Virgin Islands, the prosecutor said. . . . Two Deutsche Bank staff members are suspected of helping clients set up offshore businesses to launder money gained from criminal deeds.

In a statement, Deutsche Bank confirmed that “police are currently investigating our bank at various locations in Germany,” that “the investigation concerns the Panama Papers,” and that it will “of course cooperate closely with the prosecutors here in Frankfurt.”

Potentially helping customers create offshore accounts to avoid taxes is, of course, not the only problem facing the German lender at the moment. After Democrats flipped the House earlier this month, Representative Maxine Waters, who will head the House Financial Services Committee, said Deutsche’s ties to Donald Trump will be a focus of scrutiny. In particular, Democrats would like to understand why, at a time when no one on Wall Street wouldn’t touch the real-estate developer with a 100-foot pole, Deutsche lent him hundreds of millions of dollars, which the president still owes the bank—“We want to know some things about that,” Waters told Bloomberg TV earlier this month.

So far, the bank has done its best to stonewall requests for this type of information, first ignoring them altogether, and then claiming that it wasn’t authorized to share those types of details—despite their potential to shed light on whether the president of the United States is beholden to a guy whose name rhymes with Shmladimir Shmutin. But it seems Deutsche has been more amenable to special counsel Robert Mueller, who reportedly subpoenaed the bank last fall. At the time, there was some debate over whether Deutsche had turned over documents to the special counsel, and if so, to what they pertained (initial reports suggested they had to do with Trump’s family finances, but subsequent stories said they involved Paul Manafort, and White House lawyer John Dowd held at the time that “no subpoena had been issued or received”). Trump’s reaction was less ambiguous: according to The New York Times, when he heard the news that Mueller was digging into his relationship with the bank, he “told advisers in no uncertain terms that Mr. Mueller’s investigation had to be shut down.”