Post Profile

REPORT: Deutsche Bank is close to a $5.4 billion settlement with the US government (DB)

Deutsche Bank is taking off after Agence France-Presse reported the bank is closing in on a $5.4 billion settlement with the US government over mortgage-backed securities from the financial crisis. This is much lower than the $14 billion settlement originally reported two weeks ago. The settlement announcement could come in the next few days, according to the AFP report, which cited a source close to the matter.
read more


Related Posts

JPMorgan Reaches A $5.1 Billion Settlement With The FHFA Over Mortgage Claims

Business & Finance : Business Insider: Clusterstock

The Federal Housing Finance Agency (FHFA) has announced a $5.1 billion settlement with JPMorgan Chase over mortgage claims from the financial crisis. This is less than was previously expected. It was reported that the bank may have ...

REPORT: Bank Of America Offers To Shell Out $13 Billion To Resolve Mortgage Probe

Business & Finance : Business Insider: Money Game

Bank of America is reported to be offering $13 billion to settle a U.S. mortgage securities probe stemming from mortgage backed bonds it sold to investors that led to the financial crisis., report Devlin Barrett and Christina Rexrod...

REPORT: JP Morgan Has Reached A $4.5 Billion Settlement With Investors Over Mortgage Bonds

Business & Finance : Business Insider: Clusterstock

JP Morgan has reached a $4.5 billion settlement over mortgage-backed securities the bank sold to investors in the run-up to the financial crisis, the Wall Street Journal's Julie Steinberg and Dan Fitzpatrick report. A group of 21 in...

Citigroup reportedly nears a massive settlement over mortgage securities

Business & Finance : Newsweek: Business

Citigroup is close to a $7 billion settlement agreement to resolve a Justice Department investigation into whether it defrauded investors on billions of dollars worth of mortgage securities ahead of the financial crisis, a source fa...

Stocks Soar After French Press "Confirm" Deutsche Bank Near Settlement With DOJ

Business & Finance : Zero Hedge

Seemingly confirming the rumor, Agence France Press reports that Deutsche Bank is nearing a $5.4 billion settlement with the US Justice Department. This has catalyzed another leg higher in Deutsche Bank stock and lifted the whole ma...


Copyright © 2016 Regator, LLC