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

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 barely started the negotiations with the DOJ, and is set to arrive in the US this week to beg for mercy, but as the WSJ, which broke the original settlement story more than two weeks ago just reported, Deutsche Bank’s settlement talks with the DOJ are continuing, "with no deal yet presented to senior decision makers for approval on either side.
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