Deutsche CEO tries to reassure staff as shares plunge



Deutsche Bank's (DBKGn.DE) chief executive sought to reassure his staff on Friday that Germany's largest lender remained robust after its shares again fell to record lows, sending tremors through global financial markets.
Deutsche, which employs around 100,000 people, has been engulfed by crisis after a demand for up to $14 billion (£10.80 billion) earlier this month from the U.S. authorities for misselling mortgage-backed securities.
The bank is fighting the fine but would have to turn to investors for more money if it is imposed in full. The German government this week denied a newspaper... read more

 
30 September 2016 in Business, Views: 42
Source: Reuters
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