Deutsche Bank Shares Stumble As DoJ Settlement Looms

Monday, December 19, 2016
By Paul Martin

by Tyler Durden
Dec 19, 2016

Deutsche Bank shares are sliding this morning after headlines from CNBC reporting a settlement is close (as soon as Wednesday) with the US Justice Department over mortgage fraud. With analyst expectations/hopes in the $2 to $5 billion range (against the initial $14 billion fine), reports say the bank is set to pay “less than $14 billion” which has perhaps spooked investors with its uncertainty.

The Rest…HERE

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter