Deutsche Bank executives are heading to the United States in the coming days to negotiate a settlement over a fine of up to $14 billion for misselling mortgage-backed securities, the Frankfurter.
66. Without considering the effect that a change in the value of a currency might have on trade, the net effect of a contractionary fiscal policy is: A. ambiguous with respect to the exchange rate, but positive with respect to the trade balance. B. ambiguous with respect to the trade balance, but positive with respect to the exchange rate. C. negative with respect to the exchange rate and.
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Deutsche Bank executives heading to U.S. in coming days: FAZ. On Friday, the stock partially recovered after a media report that the two sides were close to a settlement of $5.4 billion. The FAZ did not cite any sources for its report. Deutsche Bank did not immediately respond to a request for comment on Chief Executive John Cryan’s travel plans.
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