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re: Help me understand what the hell is going on with Deutsche Bank.

Posted on 9/30/16 at 9:53 am to
Posted by 19thHole
Working on my TPS reports
Member since Dec 2007
4908 posts
Posted on 9/30/16 at 9:53 am to
quote:

"The catalyst for the DB spike is again a rumor. There has been trader unsubstantiated speculation - launched on Twitter - that the bank may reach a lower RMBS settlement with the U.S. DoJ than feared. As Bloomberg seriously notes: "unverified handles on Twitter speculate the DoJ fine may be $5.4b, vs reports earlier this month the DoJ had sought $14b. Unverified handles including @fiatcurrency, @Fxmacro Tweet or retweet the speculation."
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