Deutsche Bank Reiterates Capital Strength Following US Settlement

[kreslik.news]

Just hours after Deutsche Bank reached a landmark settlement with US regulators today, the group made efforts to alleviate concerns of its employees, touting its economic strength despite a litany of legal concerns, according to a Bloomberg report.

Earlier today, Deutsche Bank agreed in principle to a $7.2 billion deal with US authorities to resolve a probe into the alleged the wrongful sale of mortgage-backed securities, or toxic subprime debt. Moreover, the group also denied reports that it had breached any sanctions with Russia.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

Deutsche ... (read more)