Deutsche Bank Shares Drop

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Video Updates.

Deutsche Bank’s shares hit a record low, but Germany’s largest lender said there is no reason to get the German government’s help in settling claims of $14 billion with the U.S. Justice Department (DoJ).
Questions:
1. What is the record low price of shares of Deutsche Bank?
2. What is a summary of the lender’s legal problems with the U.S. DoJ?
3. What is the “rights issue” that the article refers to?
Source:
Jones, K. and J. Nasr. (2016). Deutsche Bank says no need for Berlin’s help in $14 billion U.S. dispute. Reuters.com, September 26 (Retrievable online at http://www.reuters.com/article/us-deutsche-bank-mortgages-idUSKCN11W10U)