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Loan Modification

: Loan Modification & Home Loan News

Deutsche Bank loses suit over investor losses

By Moe Bedard

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(Source: Associated Press/AP Online) FRANKFURT, Germany – A German court ruled Tuesday that Deutsche Bank didn’t sufficiently disclose the risks when selling one of its financial products to an investor. The Federal Court of Justice said that Germany’s biggest bank must pay the company, Ille Papier-Service GmbH, a little over euro540,000 ($765,000) in recompense. Deutsche [...]

Full post as published by Loan Modification & Home Loan News on March 22, 2011 (boomark / email).

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