Deutsche Bank (DB) Said Near $5.4B Settlement with U.S. - AFP

September 30, 2016 11:10 AM EDT
Get Alerts DB Hot Sheet
Trade DB Now!
Join SI Premium – FREE

Get daily under-the-radar research with's Stealth Growth Insider Get your 2-Wk Free Trial here.

(Updated - September 30, 2016 11:15 AM EDT)

Deutsche Bank (NYSE: DB) shares spiked Friday morning after Agence France-Press said on twitter that the company is near a $5.4 billion settlement with the U.S. over mortgage bonds. Previous reports noted the DoJ was seeking $14 billion.

AFP said a settlement may be announced in the coming days.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Litigation, Rumors, Trader Talk

Related Entities

Deutsche Bank

Add Your Comment