Deutsche Bank, Hamburg-based private bank MM Warburg and major American bank BNY Mellon have to pay back 60 million euros to the tax authorities for illegal cum-ex stock transactions.
The share of individual institutes is subject to a non-disclosure agreement, as Deutsche Bank announced on Monday.
"Deutsche Bank will participate in the payment to be made by BNY Mellon," a spokesman said.
According to the spokesman, the final amount could be lower if other participants are asked to pay.
The 60 million euros cover the tax refunds of the BC German Equity Special Fund - an investment company set up in 2009 by a subsidiary of Warburg Bank.
First, the "Handelsblatt" reported on the repayment.
The cum-ex deals are about a fraud scheme in which the investors, banks and stock traders involved had the state reimburse them for unpaid capital gains taxes.
Experts estimate the damage to taxpayers at around ten billion euros.
The Warburg Bank, based in Hamburg, had already paid back 176 million to the tax authorities in the course of the cum-ex investigation.