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A Deutsche Bank settlement overshadows U.S. equities

October 1, 2016 by · Leave a Comment 

Deutsche Bank will likely cast a pall over equity markets next week as the largest German lender navigates a possible multi-billion dollar settlement with the U.S. Department of Justice over the sale of mortgage-backed bonds. Deutsche shares traded in the United States hit a record low on Thursday, falling as much as 24 percent since the DOJ asked…

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A Deutsche Bank settlement overshadows U.S. equities

angela-merkel

Germany’s Merkel cannot afford to bail out Deutsche Bank: media

October 1, 2016 by · Leave a Comment 

By Georgina Prodhan FRANKFURT (Reuters) – German Chancellor Angela Merkel cannot afford to bail out Deutsche Bank given the hard line Berlin has taken against state aid in other European nations and the risk of a political backlash at home, German media wrote on Saturday. The government denied a newspaper report on Wednesday that it was working on a rescue plan for Germany's biggest bank, as …

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Germany’s Merkel cannot afford to bail out Deutsche Bank: media