NEW YORK (TheStreet) -- Shares of Deutsche Bank (DB - Get Report) were falling 5.15% to $14 in after-hours trading on Thursday as the Justice Department proposed the firm pay $14 billion to resolve high-profile mortgage-securities investigations related to the financial crisis, the Wall Street Journal reports, citing sources.
That figure would be among the biggest of what other banks have paid to settle similar claims and is much higher than what investors were projecting.
The number is preliminary and has come up in talks between the investment bank and government lawyers in recent days, the sources noted.
Additionally, Deutsche Bank is expected to push back strongly against the amount and it is unclear what the final outcome will be, the Journal noted.
Separately, TheStreet Ratings Team has a "Sell" rating with a score of D on the stock.
The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: DB