Deutsche Bank Jumps on Report of $5.4 Billion DOJ Settlement

  • Bank’s shares dropped to record low in earlier trading
  • DOJ earlier this month requested $14 billion in settlement

Deutsche Bank Rebounds on DOJ Settlement Report

Deutsche Bank AG jumped the most in almost six months after a media report that the lender is nearing a $5.4 billion settlement with the U.S. Department of Justice, less than half the amount initially requested.

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