Deutsche Bank refused to pay the $ 14 billion US Department of Justice
Deutsche Bank AG this morning, said the official predlozhenieMinisterstva US Department of Justice to stop the leading American side of the investigation activities of the bank in the United States in exchange for a payment of $ 14 billion. According to a statement, the bank does not intend to pay such a high amount, and hopes to reduce it in the course of negotiations with the Ministry, which as follows from the statement, “it is at a very early stage.” The US Justice Department is investigating the activities of the bank for the sale of securities backed by mortgages.
«Deutsche Bank has no intention to settle civil claims in the area of the sum, which was named … The Bank expects that the result will be similar to those achieved with other banks, to resolve the dispute by paying much smaller amount,” – said in a statement.
This is actually already happening. Citigroup, which the Ministry of Justice initially offered to pay $ 12 billion, as a result paid $ 7 billion. Goldman Sachs paid $ 5.06 billion. However, investors in Frankfurt, reacted to the failure of the bank to accept the offer of the US Department of Justice negatively. In morning trading shares fell 8.2%.
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