Deutsche Bank considering loans to private equity as part of $4.1 billion in consumer relief

Recently, Deutsche Bank announced that it reached a settlement with the Department of Justice over the bank’s issuance and underwriting of residential mortgage-backed securities between 2005 and 2007. As part of the settlement, Deutsche Bank will be required to provide $4.1 billion in consumer relief. But a new report suggests that Deutsche Bank is considering an unorthodox method of providing that $4.1 billion in consumer relief – lending to private equity firms.
Real Estate Lawyer Indianapolis Indiana
Jynell Berkshire

Ms. Berkshire is the founding attorney of BERKSHIRE LAW. Ms. Berkshire is a seasoned attorney who focuses her practice on real estate and business law, government relations, and certified business enterprises services. Read More >

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