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

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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