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

September 30, 2016 11:10 AM EDT
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(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.

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