Deutsche Bank has stated that it will pay the $ 14bn fine from the US department of Justice for allegedly misselling mortgage - backed loans . The bank has stated that it has “ no intent ” to settle a claim at that time , noting lower fines for similar banks . The $ 14bn fine , if imposed , would be one of the largest paid by banks to US authorities in recent years .
Deutsche Bank has said that it will fight the $14bn fine from the US Department of Justice for allegedly misselling mortgage-backed securities. The bank has stated that it has “no intent” to settle a claim at that amount, noting lower fines for similar banks. The $14bn fine, if paid, would be one of the largest paid by banks to US authorities in recent times.