Shares of Deutsche Bank Plunge Amid US Legal Dispute

September 16, 2016 7:36 AM

1 0

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.

Also read: Moody’s Expects U.S. to Sue Over Its Pre-Crisis Bond Ratings

Read more

To category page