About That Deutsche “Settlement” Rumor: Cryan Hasn’t Even Started Negotiations With The DOJ
by Tyler Durden
ZeroHedge.com
Oct 2, 2016
Deutsche Bank executives are heading to the United States in the coming days to negotiate a settlement over a fine of up to $14 billion for misselling mortgage-backed securities, the Frankfurter Allegemeine Zeitung reported. This means that Friday’s rumor presenting the settlement renegotiation between DB and the DOJ as a done deal, was the latest unsubstantiated media hoax meant to push risk assets higher.
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