Photographer: Chris Rank/Bloomberg

Deutsche Bank Surges on Report U.S. Mortgage Settlement Is Near

  • Stock rises most in two months as fine would provide clarity
  • CEO Cryan has pledged to resolve major legal issues this year

Deutsche Bank AG shares jumped the most in two months after a media report that Germany’s largest lender is nearing a settlement deal with U.S. authorities on an investigation into the sale of residential mortgage-backed securities.

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