Post Profile






Deutsche Bank Jumps on Report (UNCONFIRMED) of $5.4 Billion DOJ Settlement

Deutsche Bank AG jumped the most in almost six months after a media report that the lender is nearing a $5.4 billion settlement with the U.S. Department of Justice, less than half the amount initially requested...."The amount would be very good news, below what consensus expects now," said Jerome Legras, an investor at Axiom Alternative Investments, who holds a short position on the lender.
read more

share
See more about: Deutsche Bank

Related Posts


About That Deutsche "Settlement" Rumor: Cryan Hasn't Even Started Negotiations With The DOJ

Business & Finance : Zero Hedge

Friday's market session was about one thing: will Deutsche Bank stock close the week ahead of a three day holiday at a record low. It did not because, as we reported, the AFP announced that based on "sources" (most likely from Twitt...

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...

A huge settlement with US feds could crush a big Wall Street player

Business & Finance : Business Insider: Clusterstock

The troubles aren't over for Deutsche Bank, despite a slightly optimistic media report on Friday. The German bank has been facing several issues. US authorities are demanding a fine of up to $14 billion for mis-selling mortgage-back...

Some Deutsche Bank Clients Unable To Access Cash Due To "IT Outage"

Business & Finance : Zero Hedge

While it now seems that Friday's rumor of a substantially reduced Deutsche Bank settlement with the DOJ, which sent the stock price soaring from all time lows, was false following a FAZ report that CEO John Cryan has not yet begun t...

WSJ Reports "No Settlement Deal" Between Deutsche, DOJ As German Econ Minister Slams Deutsche Bank

Business & Finance : Zero Hedge

As we predicted on Friday, and as we reported earlier today, the AFP "story" of a $5.4 billion revised settlement between DB and DOJ was indeed "sources" on Twitter, and had no basis in reality. The reason: not only has John Cryan b...

Comments


Copyright © 2016 Regator, LLC