During the same year, it agreed to pay $7.2 billion to resolve a federal civil lawsuit alleging that it misled investors regarding its sale of residential mortgage-backed securities.
In July this year, Deutsche Bank agreed to pay $150 million in penalties over its dealings with Jeffrey Epstein, the late billionaire, and sex offender.
—————————————-
Have a story you want USA Herald to cover? Submit a tip here and if we think it’s newsworthy, we’ll follow up on it.
Want to contribute a story? We also accept article submissions — check out our writer’s guidelines here.