Franklin

Deutsche Bank, AG [electronic resource] : mortgage securitization and financial collapse / Jack Shannon, Ben Yu, James S. O'Rourke.

Author/Creator:
Shannon, Jack, author.
Publication:
London : The Eugene D. Fanning Center for Business Communication, Mendoza College of Business, University of Notre Dame, 2017.
Series:
SAGE Knowledge. Cases.
SAGE Knowledge. Cases.
SAGE Knowledge. Cases
Format/Description:
Book
1 online resource : illustrations.
Subjects:
Mortgage-backed securities -- Case studies.
Global Financial Crisis, 2008-2009 -- Case studies.
Deutsche Bank -- Case studies.
Summary:
In July 2016, the U.S. Department of Justice announced that it would pursue Deutsche Bank for its role in the creation and sale of mortgage-backed securities in the years leading up to the financial crisis of 2008-2009. By September, press reports indicated the Department of Justice was seeking a $14 billion fine from Deutsche Bank. Business media began speculating on whether this amount could affect the bank's solvency. Deutsche Bank had paid enormous fines for other transgressions and this $14 billion litigation could potentially threaten the financial condition of the company. Additionally, given Deutsche Bank's position as a "globally systemic bank," the fine could affect the economic environment of the entire world. To combat growing speculation surrounding the bank's survival, Deutsche Bank leaders launched different communication initiatives. This case concentrates on the communication strategies taken by Deutsche Bank's leadership.
Notes:
Originally Published InShannon, J., Yu, B., & O'Rourke, J. (2017). Deutsche Bank, AG: Mortgage securitization and financial collapse. The Eugene D. Fanning Center for Business Communication. South Bend, IN: University of Notre Dame.
Description based on XML content.
Contributor:
Yu, Ben, author.
O'Rourke, James S., author.
ISBN:
9781526488732 (ebook) :
OCLC:
1089142152
Access Restriction:
Restricted for use by site license.
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