Re:Deutsche Bank to fight $14B demand from U.S. authorities
by pkaye on Friday September 16, 2016 @10:28AM
(#12514214)
The US was asking other banks for similar amounts since early on but they settle for less...
"In 2014, the DoJ asked Citigroup (C.N) to pay $12 billion to resolve an investigation into the sale of shoddy mortgage-backed securities, sources said. The fine eventually came in at $7 billion."
"In 2014, the DoJ asked Citigroup (C.N) to pay $12 billion to resolve an investigation into the sale of shoddy mortgage-backed securities, sources said. The fine eventually came in at $7 billion."