Deutsche Bank's Refusal to Settle With the DOJ

September 16, 2016 12:06 PM

2 0

The U.S. demanded $14 billion to settle a lawsuit with the German bank that stems from the 2008 financial crisis.

NEWS BRIEF Deutsche Bank said Friday it has no intention of paying the $14 billion settlement the U.S. Department of Justice demanded in order to end its civil suit, which stems from risky mortgaged-backed securities that led to the 2008 global financial crisis.

Also read: Italy's Monte Dei Paschi Denies Any ECB Notice

Read more

To category page

Loading...