Deutsche Bank Could Handle Even High-End US Fine: Moody's

Zurich: Ratings agency Moody's said it would be positive for Deutsche Bank's bondholders if the lender could settle US allegations that it mis-sold mortgage-backed securities for around 2.75 billion euros, or $3.1 billion. The US Department of Justice has demanded a fine of up to $14 billion, though AFP reported late on Friday that Deutsche and the DoJ were close to agreeing on a settlement of $5.4 billion. The AFP report has not be...