Deutsche Bank Agrees to $7.2 Billion Mortgage Settlement with U.S.

Reuters, Dec. 23, 2016–Freifeld, Karen, Schuetze, Arno; Jones, Kathrin

Deutsche Bank agreed to a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis.

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