Stock at the moment up over 12% on the day, no worries. baaah ha ha
French Press "Confirm" Deutsche Bank Near Settlement With US Justice Department
Seemingly conforming the rumor, Agence France Press reports that Deutsche Bank is nearing a $5.4 billion settlement with the US Justice Department. Ths has catalyzed another leg higher in Deutsche Bank stock and lifted the whole market as it would appear that unconfirmed sources have 'fixed' the world's most systemically dangerous bank (despite the fact that short-dated counterparty risk is soaring). Here is the tweet...