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Deutsche Bank Inks $7.2B Mortgage Securities Deal With Feds

By Evan Weinberger ( December 22, 2016, 10:40 PM EST) -- Deutsche Bank AG on Thursday said it had agreed to pay $7. 2 billion in fines and consumer relief to resolve U. S. claims that it misled investors into buying risky mortgage-backed securities in the lead-up to the financial crisis in 2007, far less than a rumored penalty that many feared could have destroyed the bank. . . .

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