Wall Street rallies, led by Deutsche Bank, financials

By Lewis Krauskopf NEW YORK (Reuters) – Wall Street rallied on Friday, lifted by a surge in Deutsche Bank shares and financial stocks after concerns eased about the health of the German bank. Deutsche Bank's U.S.-listed shares jumped 14 percent a day after sinking to a record low. French news agency AFP reported that Deutsche Bank was nearing a $5.4 billion settlement with U.S. officials over charges related to selling toxic mortgage bonds.

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Wall Street rallies, led by Deutsche Bank, financials

World’s top banks in U.S. government cross-hairs over dealings with 1MDB

By Praveen Menon and Saeed Azhar KUALA LUMPUR (Reuters) – U.S. Department of Justice officials have asked Deutsche Bank AG and JPMorgan Chase & Co to provide details on their dealings with 1MDB, as global investigations into the troubled Malaysian state fund widen. U.S. Department of Justice officials also traveled to Kuala Lumpur to speak to senior bankers and other people with close links to the state fund, three people with direct knowledge of the matter told Reuters.

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World’s top banks in U.S. government cross-hairs over dealings with 1MDB