Deutsche Bank Shares Tumble as no DoJ Deal Reached

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5142
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Deutsche Bank Shares Tumble as no DoJ Deal Reached

Postby kreslik.news » Sun Oct 09, 2016 10:23 am


Deutsche Bank’s woes continued today as shares fell by more than 3 percent after Chief Executive John Cryan failed to secure a speedy deal with the U.S. Department of Justice (DoJ) over the misselling of mortgage-backed securities.

Join the industry leaders at the Finance Magnates London Summit, 14-15 November, 2016. Register here!

Cryan was attending the International Monetary Fund and World Bank’s autumn meetings in Washington, raising some hopes that he might personally negotiate down the $14 billion fine the DoJ has demanded.

However, as reported by Finance Magnates last week when it was revealed that the German lender was ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”