Germany 'prepares Deutsche Bank rescue'

Germany 'prepares Deutsche Bank rescue'
 

The German government and financial authorities are working on a rescue plan for Deutsche Bank in case it cannot pay fines in the US, according to Die Zeit newspaper.
Germany's biggest lender is facing a $14bn ($12.5bn) bill for mis-selling mortgage-backed bonds before the financial crisis of 2008.
In the worst-case scenario, the government would even take a 25% stake in the bank, according to the article.
Deutsche Bank has denied the report.
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28 September 2016 in Business, Views: 36
Source: BBC
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