Morgan Stanley estimates Deutsche settlement over U.S. fine at $6 billion

Deutsche Bank could pay about $6 billion to settle charges related to its sale of toxic mortgage bonds before the financial crisis, analysts at Morgan Stanley estimated in a note to clients. Germany's largest lender said about two weeks ago it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold the securities. Talk of a smaller-than-expected fine bounced Deutsche Bank shares sharply off their lows on Friday to end the day up 6.4 percent.