The bank $14 billion Ticket Surcharge tug of war will hurt European Banking – financial Sohu sql server 2000 个人版

The bank $14 billion Ticket Surcharge tug of war will hurt European Banking – financial Sohu in the European economic recovery is weak, the background in the negative interest rate cannot extricate oneself, Germany’s largest commercial bank — the Deutsche Bank (hereinafter referred to as "the bank") due to the recent financial crisis before the sale of housing mortgage backed securities (RMBS) issued by the U. S. Department of justice the $14 billion ticket price, once again become the focus of the market, investors fear quickly spread throughout the European market. From the current situation, the negotiations between Deutsche Bank and the U.S. Department of justice will continue for a period of time. A person familiar with the first financial reporter, said the scale of the settlement is now too early to discuss the gold. "The United States Department of justice only gives a scheme of the Ministry of justice has also started negotiations, then please submit a plan against Deutsche bank. So the bank and the US Department of justice has just begun negotiations." First financial reporter found that there are five U.S. banks (Bank of America, JP Morgan, Morgan Stanley, Citigroup and Goldman) financial crisis before the sale of RMBS reached a settlement with the U.S. Department of justice, and the average amount of approximately $3 billion 200 million, compared with the banks, Deutsche Bank RMBS issuance and underwriting is relatively small therefore, it is a fine of $14 billion price". In addition, it is worth noting that, in addition to Deutsche Bank, there are still five European banks have not yet started reconciliation talks with the United States Department of justice for RMBS, has been overwhelmed by the European banks, which fear will set off a new round of shock. The ticket price of Deutsche Bank in September 15th Deutsche Bank confirmed that one disaster after another, the bank has to RMBS from 2005 to 2007, the issuance and underwriting business with the United States Department of justice civil reconciliation talks, the United States Department of justice put forward the settlement amount of about $14 billion. Earlier, French Paris bank had received $8 billion 970 million in fines hit the U.S. Department of justice to European banks out of the highest ticket record, and once the $14 billion ticket come true, Deutsche Bank will refresh the record of the French bank of Paris. But according to industry generally expected, the final payment amount of Deutsche Bank will be close to other banks in the same punishment in the payment of the amount, the size should be far less than $14 billion. The United States Department of justice survey of banks and huge fines mainly because these banks sell subprime bonds to customers in 2008 before the outbreak of the subprime crisis ignored the prompt risk — subprime bonds are high risk bonds, corresponding mortgage borrowers can not repay the loan is a high probability event. In a statement last week, the company said: "the company does not intend to reach any level of this figure on the settlement of potential civil charges". German Finance Ministry spokesman also proposed in September 16th, on the basis of fair treatment, is expected to have a fair outcome of this consultation. The source of the first financial reporter said that at present the whole negotiation is still in the initial stage, the United States Department of justice is given a penalty proposal, the two sides will usually after a long "bargain", to the final results. "Taking into account the impact of factors such as the United States election, no one can reach a final agreement to give an approximate time.相关的主题文章: