Deutsche Bank AG (DB)

[OTCRIDER]

rumor,
...Deutsche Bank is nearing a $5.4 billion settlement with the US Justice Department.
...DEUTSCHE BANK SETTLEMENT MAY BE ANNOUNCED COMING DAYS - AFP
http://www.zerohedge.com/news/2016-09-30/french-press-confirm-deutsche-bank-near-settlement-us-justice-department#

...As of June 30, Deutsche Bank said it had 5.5 billion euros ($6.17 billion) in litigation reserves, according to a presentation the bank gave during quarterly earnings.

...Germany's biggest bank fell under fresh scrutiny two weeks ago when it surfaced that theDepartment of Justice was demanding $14 billion to settle the bank's mortgage lending activities during the housing bubble, before the recession. Its market value was below $17 billion as of Thursday's close.


Why you should be skeptical of that $5.4-billion Deutsche Bank settlement

Evelyn Cheng
3 Mins Ago
http://www.cnbc.com/2016/09/30/why-you-should-be-skeptical-of-that-54-billion-deutsche-bank-settlement.html?__source=yahoo|finance|headline|headline|story&par=yahoo&doc=103983638