Deutsche Bank Says to Pay 1.4 bn Euros in US Mortgage Case


Deutsche Bank says to pay 1.4 bn euros in US mortgage case (via AFP)

Deutsche Bank, Germany’s biggest lender, said on Friday it will pay 1.4 billion euros ($1.9 billion) to end litigation related to home mortgage-backed securities in the United States. “Deutsche Bank announced today that it has reached an agreement to…

Fastenal: Why Being Cheap Works As a Business Strategy

FastenalFastenal is one of the best-performing stocks of the past decade. Since the beginning of January 2010, shares in the industrial distribution company have yielded an average annual return of 16%, turning every $10,000 invested into $44,264. Q2 2020 hedge fund letters, conferences and more In many ways, Fastenal is not the sort of business Read More