How Deutsche’s troubles will hit the rest of the industry

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How Deutsche’s troubles will hit the rest of the industry

John Cryan Deutsche Bank CEO 230x150
John Cryan, Co-CEO of Deutsche Bank, arrives to the balance sheet press conference at Deutsche Bank headquarters in Frankfurt am Main, Germany, 28 January 2016. The Deutsche Bank balance sheet for the previous year shows a full-year net loss of 6.8 billion euros. Photo: BORIS ROESSLER/dpa | Boris Roessler/DPA/PA Images

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.

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