Bloomberg reported that Deutsche Bank could face a $14 billion penalty for alleged transgressions during the U.S. mortgage boom.
Bloomberg noted that Deutsche Bank’s shares traded at a record low at the end of September as investors fear that the bank would have to raise capital, sell stock or require a state bailout.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!