Bloomberg Business

Deutsche Bank Settles Suit Over $1.6 Billion Madoff Claims

Deutsche Bank AG is settling a US lawsuit it filed against a pair of offshore feeder funds that backed out of an alleged deal to sell the German lender $1.6 billion in claims against Bernard Madoff’s bankrupt investment advisory business.

UK and EU Formally Adopt Brexit Deal for Northern Ireland

The UK and European Union signed off on their new Brexit deal for Northern Ireland on Friday, promising to kick-start the process of soothing the last major hangover following Britain’s exit from the bloc.

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