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Deutsche Bank reaches a $7.2 billion settlement with the U.S. Department of Justice over its involvement in the sale and pooling of toxic mortgage securities leading up to the 2008 financial crisis. This settlement resolves one of the major legal issues faced by the bank and aims to address the consequences of its past actions. Deutsche Bank's agreement reflects efforts to put the crisis behind and rebuild its reputation while strengthening its commitment to regulatory compliance.
Tuesday, 17 January, 2017