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A Deutsche Bank settlement overshadows U.S. equities
October 1, 2016 by admin · 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
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Germany’s Merkel cannot afford to bail out Deutsche Bank: media
October 1, 2016 by publisher · 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
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Exclusive: EU wants Google to stop anti-competitive Android practices, fine expected
October 1, 2016 by publisher · Leave a Comment
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators plan to order Alphabet's Google to stop paying financial incentives to smartphone makers to pre-install Google Search exclusively on their devices and warned the company of a large fine, an EU document showed. Google received a copy in April in which …
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Exclusive: EU wants Google to stop anti-competitive Android practices, fine expected