How Deutsche’s troubles will hit the rest of the industry
Deutsche Bank isn’t even close to being the most-litigated-against bank in the post-crisis era — that honour goes to Bank of America, which has paid more than $150bn in fines, settlements and lawsuits since the crisis. But any potential settlement it strikes with Department of Justice over RMBS mis-selling will keep on hurting the bank's peers, for years afterwards.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: