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Deutsche Bank's U.S-listed shares fall back
October 3, 2016 / 2:12 PM / a year ago

Deutsche Bank's U.S-listed shares fall back

LONDON (Reuters) - Deutsche Bank’s U.S.-listed shares (DB.N) fell back on Monday, with the group still aiming to reach a settlement with U.S. authorities who are demanding a fine of up to $14 billion (10.9 billion pounds) for mis-selling mortgage-backed securities.

A vintage clock with the logo of Deutsche Bank is pictured outside the bank's branch in Wiesbaden, Germany, January 28, 2015. REUTERS/Kai Pfaffenbach/Files

Deutsche Bank shares were down 1.3 percent in trading on the U.S. stock exchange.

The company’s main Frankfurt-listed shares (DBKGn.DE) were not trading on Monday as the German stock market was closed for a public holiday.

Deutsche Bank’s Frankfurt-listed shares had closed up 6.4 percent on Sept. 30, after a media report on Friday that Deutsche and the U.S. Department of Justice were close to agreeing a settlement of $5.4 billion. That report has not been confirmed.

Reporting by Sudip Kar-Gupta; Editing by Dominic Evans

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