Deutsche Bank mortgage securities News

Credit Suisse Facing $5-$7 Billion Penalty by U.S. for Toxic Mortgage Securities

The U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion to settle a probe over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, a source with knowledge …

Deutsche Bank Balks at $14 Billion U.S. Demand to Settle Securities Claims

Deutsche Bank said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany’s largest lender. The claim against Deutsche, …