Deutsche Bank to pay $130 million to avoid bribery charge

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Deutsche Bank will reportedly pay upwards of $100 million to resolve criminal bribery charges. James Flip and reports prosecutors in Brooklyn Federal court accused the German lender of participating in a foreign bribery scheme by attempting to win business in places like China. Officials say the company has agreed to a deal to avoid criminal prosecution so long as it doesn't engage in the tactic again for three years. As part of the arrangement, the bank will not be required to plead guilty to the

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