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Added on the 10/10/2016 16:21:25 - Copyright : Reuters EN
Deutsche Bank shares resumed falling after recovering from a record low at the end of last week, as hopes faded of a swift deal with U.S. authorities over a multi-billion dollar penalty. As Sonia Legg reports, the German lender is throwing its energies into reaching a settlement before next month's U.S. presidential election.
The U.S. Department of Justice is asking Deutsche Bank to pay $14 billion to settle an investigation into its selling of mortgage-backed securities. As Sara Hemrajani reports, the claim far outstrips the bank's and investors' expectations.
Hong Kong, Sep 27 (EFE/EPA).- (Camera: Jerome Favre) The shares of the electric vehicle subsidiary of Chinese real estate giant Evergrande fell almost 26 percent at the Hong Kong Stock Exchange on Monday after it disclosed not having sufficient liquidity for pending payments and operations.China Evergrande New Energy Vehicle Group's shares experienced a sharp fall at the start of trading session, but the decline moderated to around 11.2 percent after 11 am.FOOTAGE OF THE HONG KONG STOCK EXCHANGE MARKET.
New York (USA), Jan 28 (EFE / EPA) .- (CAMERA: Alba Vigaray) The shares of GameStop, AMC and other firms that have experienced an increase in recent days fell Thursday after being banned by the main commission-free brokerage applications in the United States.
The recent storming of the US Capitol seems to be hitting President Donald Trump not only politically, but financially as well. CNN reports a growing number of businesses suddenly want very little to do with Trump after he incited a mob of his supporters to attack the Capitol. Twitter and Facebook banned Trump indefinitely, and Stripe is no longer processing credit card payments for his campaign. Shopify stopped operating online stores for the Trump Organization and the campaign and the PGA is pulling a major golf tournament from a Trump resort. It's also unclear which, if any, banks will want to loan money to the Trump Organization.