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News from the US overnight makes for a mixed bag with continental behemoths Deutsche Bank and Credit Suisse settling with the Department of Justice (DoJ) for pre-crisis mis-selling of mortgage backed securities (MBS) The former settled for $7bn (only half payable in money) which is just half the $14bn challenge that shook markets this summer season, something regarded as to be US retaliation for the EU’s call on Apple to repay Ireland €13bn in back taxes.
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