30-09-2016 18:33 via news.yahoo.com

Deutsche lifted by CEO letter, settlement report

By Andreas Kröner and Maiya Keidan FRANKFURT/LONDON (Reuters) - A report that Deutsche Bank was close to a cut-price settlement with U.S. authorities over the sale of toxic mortgage bonds helped to fuel a recovery in its shares on Friday after its chief executive said the group remained stable. Deutsche, which is Germany's largest bank and employs around 100,000 people, has been engulfed by crisis after being handed the demand for up to $14 billion earlier in September by the Department of
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