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5-day change | 1st Jan Change | ||
| 16.66 EUR | +8.18% |
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+12.57% | +34.75% |
| Apr. 25 | News Highlights : Top Financial Services News of the Day - Thursday at 4 PM ET | DJ |
| Apr. 25 | Sector Update: Financial Stocks Decline Thursday Afternoon | MT |
FRANKFURT (Reuters) - Deutsche Bank executives are heading to the United States in the coming days to negotiate a settlement over a fine of up to $14 billion for misselling mortgage-backed securities, the Frankfurter Allegemeine Zeitung reported.
The potential fine, announced two weeks ago, has sent shares in Germany's biggest lender into freefall. On Friday, the stock partially recovered after a media report that the two sides were close to a settlement of $5.4 billion.
The FAZ did not cite any sources for its report.
Deutsche Bank did not immediately respond to a request for comment on Chief Executive John Cryan's travel plans.
(Reporting by Georgina Prodhan; editing by David Clarke)
| 1st Jan change | Capi. | |
|---|---|---|
| +34.75% | 32.44B | |
| +12.59% | 301B | |
| +9.42% | 249B | |
| +21.76% | 212B | |
| +17.45% | 172B | |
| +7.31% | 161B | |
| +4.15% | 153B | |
| -11.61% | 138B | |
| -0.39% | 137B | |
| +1.27% | 125B |
DEUTSCHE BANK AG 
