Shares of Deutsche Bank Plunge Amid US Legal Dispute

September 16, 2016 7:36 AM

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BERLIN — Shares in Deutsche Bank AG have plunged after the company said the U.S. Department of Justice is seeking $14 billion to settle civil claims over its handing of residential mortgage-backed securities.

Shares of Germany's biggest bank were down 7.8 percent at 12.20 euros ($13.59) in early Frankfurt trading on Friday.

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