HALISTER: Deutsche Bank Doesn’t See Settlement Near DOJ $14b Proposal

Deutsche Bank Doesn’t See Settlement Near DOJ $14b Proposal

(Bloomberg) -- Deutsche Bank says DOJ has invited counter-proposal on RMBS settlement; bank is in talks with view to settling claims.
  • “The negotiations are only just beginning": DB
  • NOTE: Earlier, DOJ Said to Ask Deutsche to Settle U.S. Probe for $14b: WSJ
Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
DBK GR (Deutsche Bank AG)

Topics
First Word DC - Foreign Policy

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UUID: 7947283

HALISTER: DOJ Said to Ask Deutsche Settle U.S. Probe for $14b: WSJ

DOJ Said to Ask Deutsche Settle U.S. Probe for $14b: WSJ

(Bloomberg) -- DOJ proposed Deutsche Bank pay $14b to settle mortgage-securities probe, WSJ reports, citing unidentified people familiar.
  • Figure between U.S. govt, Deutsche is preliminary
  • Co. expected to “push back strongly” against it; unclear what final outcome will be
  • Co. lawyers suggested that Deutsche views $2b-$3b as a reasonable cost for settlement
  • Deutsche spokesman responded to questions about a settlement by pointing to a July filing saying that talks had started with DOJ: WSJ
  • NOTE: Deutsche Bank shrs fall as much as 7% post-mkt
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
DBK GR (Deutsche Bank AG)

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UUID: 7947283

HALISTER1: BGOV Bill Summary: H.R. 5461, Iran Leadership Assets Report

BGOV Bill Summary: H.R. 5461, Iran Leadership Assets Report

Alert: HALISTER1
Source: BGV (Bloomberg Government)

Tickers
1025593D US (United States House Committee on Financial Services Committee)

People
Bruce Poliquin (United States House of Representatives)
Kevin McCarthy (United States House of Representatives)
Maxine Waters (United States House of Representatives)

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HALISTER1: BGOV Bill Summary: H.R. 5931, Prohibit Cash Payments to Iran

BGOV Bill Summary: H.R. 5931, Prohibit Cash Payments to Iran

Alert: HALISTER1
Source: BGV (Bloomberg Government)

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1025594D US (House Committee on Foreign Affairs)

People
Angus Lee (Hong Kong Jockey Club)
Barack Obama (United States of America)
Bashar Al-Assad (Syrian Arab Republic)
Edward Royce (United States House of Representatives)
Jerry Moran (United States Senate)

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UUID: 7947283

HALISTER1: Auto ABS Spanish Loans 2016, Fondo de Titulización - DBRS Presale Report

Auto ABS Spanish Loans 2016, Fondo de Titulización - DBRS Presale Report

Alert: HALISTER1
Source: DBR (Dominion Bond Rating Service)

People
Alessio Pignataro (DBRS Inc)

Topics
Fixed Income Research
Prepayment Research
Reports
Credit Analysis Research
Credit Research

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UUID: 7947283