Regardless of who wins the French election, European stocks are headed for a correction, according to Deutsche Bank. That’s a view at odds with many of the region’s strategists who expect relief if they lose.

Deutsche Bank has been fined more than £500 million after British and US regulators found that failings at the German lender led to 10 billion dollars (£7.9 billion) being laundered out of Russia in a manner "highly suggestive of financial crime".

Vestia, one of the largest Dutch housing co-operatives, said it had filed a large claim against Deutsche Bank, alleging the bank had improperly sold it interest-rate derivatives.

Deutsche Bank shares took another tumble today after the German lender failed to reach a deal with US authorities over a multi-billion dollar fine this past weekend.

Qatari investors who own the largest stake in Deutsche Bank do not plan to sell their shares and could consider buying more if the German bank decides to raise capital, sources familiar with Qatari investment policy have told Reuters.

Deutsche Bank AG jumped the most in almost six months after a media report that the lender is nearing a $5.4bn (€4.81bn) settlement with the US Department of Justice (DOJ), less than half the amount initially requested.

Deutsche Bank shares dropped to a record low and its riskiest bonds declined after a media report said the German government would not step in to back the lender, fuelling investor concerns about its weakened finances.

Deutsche Bank’s shares and its riskiest bonds dropped the most since the Brexit vote yesterday after the lender said the US Justice Department is seeking $14bn (€12.55bn) to settle a probe tied to mortgage-backed securities, more money than the bank is willing to pay.

Deutsche Bank is to create 165 jobs in a new data lab and technology and operations division.

Germany’s Deutsche Bank said it took a charge of around €450m last year in relation to share trading fraud, but declined to give any details yesterday.

Deutsche Bank and UBS Group must pay taxes on two banker bonuses plans, the UK Supreme Court has ruled, saying the firms exploited loopholes to avoid payments in a decision that will affect a number of similar arrangements.

Deutsche Bank plans to buy back about $5.4bn of bonds in euros and dollars as it seeks to allay investor concerns about its finances.

Deutsche Bank is cutting 15,000 jobs as part of a major reorganisation of the company.

Deutsche Bank erroneously paid $6bn (€5.2bn) to a US hedge fund client after a junior trader processed the wrong figure, the Financial Times reported.

Deutsche Bank is seeking to recover internal electronic chat transcripts that were left out of disclosures to regulators during a probe into interest-rate rigging, according to sources.

Deutsche Bank’s new chief executive, John Cryan, has delayed implementing a strategic overhaul by three months but has told staff to expect tough reforms as he shakes up a group that he said had become too diversified and complex.

Deutsche Bank says its reorganisation will mean spinning off its Postbank branches in Germany through a share offering, closing offices in some countries, and eliminating less profitable business at its investment banking division.

A leading City bank is to pay a record £1.6bn fine as part of a settlement with US and UK regulators over the rigging of interest rates.