The bank also has an extra 3.2bn in so-called contingent liabilities for fines that are harder to estimate. Clearly Deutsche Bank is slowly becoming Europe’s own JPMorgan – a criminal bank whose past is finally catching up to it, and where legal fine after legal fine.
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· Trutanich said that case is continuing. Like U.S. Bank, Deutsche Bank has argued its role is as a trustee, but it is the individual loan services.