Shares in German lender Deutsche Bank plunged in Frankfurt on Friday morning on news that US authorities were seeking a record $14 billion fine, opening 8 percent lower.
In an overnight statement, the bank confirmed the US Department of Justice was seeking the 12.5-billion-euro settlement in relation to the 2008 mortgage crisis, but said it expected to reach a "materially lower" figure in negotiations.
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Afrin clashes kill 54 Syrian Kurd and pro-Turkey fighters: monitorMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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