FRANKFURT, Germany (AP) — Shares in Deutsche Bank are sharply lower after a report that the German government won't intervene with U.S. officials who are pressing the bank to pay $14 billion to settle an investigation into its sales of mortgage-backed securities.

The bank's shares traded down 5.8 percent at 10.74 euros on Monday after the Friday report from Focus magazine. Focus also said the government had made it clear the bank would not receive any state bailout.

Deutsche Bank said ...

This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now