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

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-backed securities, and Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election. On Friday, Agence-France Presse reported that Deutsche and the US Department of Justice were close to agreeing a settlement of $5.
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