Post Profile






Deutsche Bank shares crater to a record low (DB)

Deutsche Bank shares on Tuesday continued their slide and fell to record lows. The German bank, which is also the country's biggest lender, could be on the hook to pay up to $14 billion to US authorities in legal costs and settlements over an investigation into sales of mortgage-backed securities. The penalties would leave the bank undercapitalized. Reuters earlier reported that state-backed lender NordLB put off a 500 million euro ($560 million) bond sale on Tuesday because of a lack of demand.
read more

share

Related Posts


Deutsche Bank unveils record €6 billion net loss and cancels dividend for two years

Business & Finance : Business Insider: Clusterstock

Deutsche Bank unveiled a record net loss for the third quarter of this year. The German lender reported a net loss of €6 billion (£4.3 billion, $6.6 billion) with €1.2 billion of that being for litigation charges. Its litigation res...

German unemployment keeps falling

Business & Finance : Business Report

German unemployment fell to a record low this month. ||| German unemployment fell to a record low this month, data showed Tuesday, as the deep restructuring and wage moderation of recent years shielded Europe's biggest economy from ...

Deutsche Bank shares are collapsing

Business & Finance : Business Insider: Clusterstock

Deutsche Bank share opened down 8% in Germany on Friday, after confirming overnight that the US is seeking a $14 billion (£10.4 billion) settlement with the German lender over mortgage-backed security sales. Here's how Deutsche Bank...

"It All Has A Very 2008 Feel To It" - For Deutsche Bank, The News Just Keeps Getting Worse

Business & Finance : Zero Hedge

It has already been an abysmal day for Germany's biggest lender: overnight Deutsche Bank plunged to fresh all time lows on speculation whether the German government would or wouldn't provide state aid to the bank (if needed), forcin...

Deutsche Bank shares are dropping to an all-time low

Business & Finance : Business Insider: Clusterstock

Deutsche Bank shares slid 5% in early trading on Monday, touching an all-time low below €11 a share. Germany's biggest lender faces billions in legal costs and settlements with US authorities over an investigation into sales of mort...

Comments


Copyright © 2016 Regator, LLC