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Bloomberg

Deutsche Freezes Radiant World Funds as Miners Move to Cut Ties

Thursday, August 6, 2026


Deutsche Bank and another major financial institution froze accounts belonging to Radiant World, an iron ore trading house. Following the account freezes, several mining companies announced they were ending business relationships with the firm. The specific reasons for the account freezes and the identities of the mining companies involved were not detailed in available reports.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-06/deutsche-freezes-radiant-world-funds-as-miners-move-to-cut-ties

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