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A Deutsche Bank settlement overshadows U.S. equities

NEW YORK Deutsche Bank will likely cast a pall over equity markets next week as the largest German lender navigates a possible multi-billion dollar settlement with the U.S. Department of Justice over the sale of mortgage-backed bonds.

Troubles at Deutsche

Recent Business News

Viacom forms committee to consider Redstone's CBS merger push

Viacom Inc said it had formed a special committee to consider National Amusements Inc's proposal to combine the company with CBS Corp .

4:42pm EDT

Volkswagen will pay $1.21 billion to settle U.S. dealer claims

WASHINGTON Volkswagen AG confirmed late Friday it will make $1.21 billion in payments to 652 U.S. brand dealers as part of its $16.5 billion diesel emissions settlement to date.

8:15pm EDT

Illinois and Chicago eye Wells Fargo business bans

CHICAGO Wells Fargo & Co faces possible bans from doing business with the city of Chicago and the state of Illinois in the wake of its sales scandal that erupted earlier this month.

5:39pm EDT

Betting on the U.S. election via the 'Trump ETF'

NEW YORK An exchange-traded fund focused on Mexico has become a weather vane for Republican Donald Trump's chances winning the U.S. presidential election in November, investors said.

Deutsche lifted by CEO letter, settlement report

FRANKFURT/LONDON A report that Deutsche Bank was close to a cut-price settlement with U.S. authorities over the sale of toxic mortgage bonds helped to fuel a recovery in its shares on Friday after its chief executive said the group remained stable. | Video

12:44pm EDT


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