$202 Million Deal Deutsche Bank Settles Lawsuit with the US

Deutsche Bank has settled a legal dispute with the US Justice Department for $202 million as part of Josef Ackermann's attempts to clean house before his stint as CEO ends next month. US officials had sued a Deutsche Bank subsidiary for knowingly violating mortgage regulations.
The headquarters of Deutsche Bank in Frankfurt.

The headquarters of Deutsche Bank in Frankfurt.

Foto: ALEX DOMANSKI/ REUTERS
cgh -- with wire reports