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Deutsche Bank agrees $7.2bn penalty with US regulators

Deutsche Bank agrees $7.2bn penalty with US regulators

Publicerat av Tony Harkén tisdag, 27 december 2016.

Germany's Deutsche Bank says it has agreed a $7.2bn (£5.9bn) payment to US authorities over an investigation into mortgage-backed securities.

The sum, which needs final approval, is far lower than the $14bn the US had asked the bank to pay in September.

That looming fine had caused concerns that a failure of the bank could pose a risk to the global financial system.

Read more at - http://www.bbc.com/news/business-38412816

Publicerat av

Tony Harkén

usa

Klockan i Washington, USA

US-WA - Time
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