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Deutsche Bank races against time to reach U.S. settlement

October 3, 2016 by · Leave a Comment 

By Georgina Prodhan, Kathrin Jones and Lawrence Delevingne FRANKFURT (Reuters) – Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities. The threat of such a large fine has pushed Deutsche shares to record…

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Deutsche Bank races against time to reach U.S. settlement