The tech giant is facing the greatest legal threat in its history, and hopes the stolid approach of Kent Walker, its top lawyer, will once again prevail.
A proposed court settlement closes another chapter in the German bank’s relationship with the disgraced financier, which began in 2013 and continued up until late 2018.
The last crisis, in 2011, led to a credit downgrade that sank stocks. This time, Treasury Secretary Janet Yellen has warned of a “financial catastrophe.”