It's Unclear How the Government Calculated Its $14 Billion Deutsche Bank Fine

Deutsche Bank faces a $14 billion settlement from the Department of Justice stemming from toxic mortgage related securities it sold in the years leading up to the financial crisis.
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Deutsche Bank (DB) - Get Report faces a $14 billion settlement from the Department of Justice stemming from toxic mortgage related securities it sold in the years leading up to the financial crisis. But Hal Scott, professor of international finance systems at Harvard Law School, says he has no idea how the $14 billion was calculated. "When we look at these fines for large financial institutions, these numbers seem to come out of nowhere," he said, adding that the methodology for the $14 billion fine has not been disclosed. A report from Reuters claims a settlement between the bank and the government could come before Christmas.