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Added on the 16/09/2016 16:13:27 - Copyright : Reuters EN
Deutsche Bank shares have fallen more than 3 percent after Chief Executive John Cryan failed to secure a speedy deal with the U.S. Department of Justice (DoJ) at the weekend over the misselling of mortgage-backed securities. Sonia Legg reports
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.
Stocks fell on Friday with weakness in financial stocks. But for the week, the major U.S. indexes posted gains. Bobbi Rebell reports.
Germany's biggest bank, Deutsche, is fined $2.5 billion by U.S. and British regulators. As Hayley Platt reports, it becomes the eighth financial group to settle allegations of rigging interest rate benchmarks.
Images of the exterior of Silicon Valley Bank’s office in California. US stocks ended Friday's session decisively lower as banking shares wobbled on contagion fears, after the failure of regional lender Silicon Valley Bank. The SVB debacle dominated investors' focus all day, with the Nasdaq suspending trade on the stock before the market opened, overshadowing a solid US jobs report. IMAGES
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