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Deutsche and others could get better DOJ deals under Trump - Barclays

Published 11/11/2016, 08:26 AM
Deutsche and others could get better DOJ deals under Trump - Barclays
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  • "Some Democrat appointments at the DOJ have only a few weeks left before they are replaced," says Barclays (LON:BARC), laying out a bullish case for European lenders who are likely to face smaller mortgage-related settlements.
  • Chief among them is Deutsche Bank (NYSE:DB), which has been staggered by reports that Obama's DOJ wants $14B to walk away.
  • Also in talks with Justice are Credit Suisse (NYSE:CS) and RBS. Under investigation, but not necessarily in settlement discussions yet are Barclays (NYSE:BCS), UBS, and HSBC.

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