Oil’s rally will stall at $55 a barrel as US shale drillers get back to work and a “wall of supply” from investments made over the past decade hits the market, says Goldman Sachs Group.

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.

Russia won’t bail out people or companies that stand to lose money held at Cyprus’s two largest banks, first deputy prime minister Igor Shuvalov said.

IRELAND’S biggest company — CRH Plc — is making contingency plans for a possible break-up of the euro as the debt crisis crimps sales growth in the region.