Germany: Does Deutsche bank need a government rescue plan?

Germany’s biggest lender, Deutsche Bank, insists it doesn’t need a government bailout amid reports of a rescue plan in case it can’t pay off fines owed to the US.

Germany’s biggest lender, Deutsche Bank, insists it doesn’t need a government bailout amid reports of a rescue plan in case it can’t pay off fines owed to the US.

The bank is facing a 14bn dollar bill for selling mortgage-backed bonds before the financial crisis in 2008.

 

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