Deutsche Bank shock in Europe, U.S wants $14 billion to pay over toxic mortgages

The U.S. Department of Justice is asking Deutsche Bank to pay $14 billion to settle an investigation into mortgage-backed securities and related securitization activities between 2005 and 2007.The bank’s US-listed shares fell nearly 7% in early trading. The sale of residential mortgage-backed securities played a significant role in the 2008 financial crisis.Deutsche Bank has no …