DGAP-Adhoc: Deutsche Bank confirms negotiations with DoJ

Deutsche Bank AG  / Key word(s): Legal Matter

16.09.2016 00:19

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Frankfurt am Main, September 15, 2016 - Deutsche Bank AG (XETRA: DBKGn.DE /
NYSE: DB) confirms that it has commenced negotiations with the Department
of Justice in the United States ("DoJ") with a view to seeking to settle
civil claims that the DoJ may consider in connection with the bank's
issuance and underwriting of residential mortgage-backed securities (RMBS)
and related securitization activities between 2005 and 2007.

The bank confirms market speculation of an opening position by the DoJ of
USD 14 billion and that the DoJ has invited the bank as the next step to
submit a counter proposal.

Deutsche Bank has no intent to settle these potential civil claims anywhere
near the number cited. The negotiations are only just beginning. The bank
expects that they will lead to an outcome similar to those of peer banks
which have settled at materially lower amounts.


16.09.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      Deutsche Bank AG
              Taunusanlage 12
              60325 Frankfurt a. M.
              Germany
Phone:        +49 (0)69 910-00
Fax:          +49 (0)69 910-38966
E-mail:       db.presse@db.com 
Internet:     www.deutsche-bank.de
ISIN:         DE0005140008
WKN:          514000
Indices:      DAX, EURO STOXX 50
Listed:       Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
              Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated
              Unofficial Market in Tradegate Exchange; NYSE
 
End of Announcement                             DGAP News-Service
 
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DGAP-Adhoc: Deutsche Bank confirms negotiations with DoJ regarding RMBS
