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Deutsche Bank has been asked to pay $14B to the DOJ

Deutsche Bank has been asked to pay $14B to the DOJ to settle a set of high-profile mortgage-securities probes stemming from the financial crisis. The figure would rank among the largest of what other banks have paid to resolve similar claims and is well above what investors have been expecting. In a statement, the German lender said it had no intent to settle “anywhere near the number cited.” DB -7.1% premarket.

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