Deutsche Bank's finance chief told staff last month that job cuts at the bank could be double that planned, a source told Reuters.
The German government is pursuing discreet talks with the U.S. to help Deutsche Bank secure a swift settlement over the sale of toxic mortgage bonds.
Gold fell to its lowest in over two weeks on Tuesday as the dollar gained strength after upbeat U.S. economic data.
The fragile state of European banks will continue to weigh on market confident, experts say, even if Deutsche Bank manages to settle its DOJ case.
U.S. sovereign bond prices eased on Friday across all major durations after gaining on Thursday.
European bank stocks finished the quarter up on Friday, making it the index's best quarter since the first quarter of 2015.
European stocks came off their session lows in afternoon trade Friday to trade 0.1 percent higher.
Shares of Deutsche Bank hit a new record low on Friday before recovering some of their gains in afternoon trading.
U.S. stock-index futures rose early on Friday, as Deutsche Bank concerns pressured global banking stocks and Wall Street awaited U.S. inflation data.
In the heart of Berlin, few people if any seemed to have noticed the international concerns about the parlous state of Deutsche Bank.
Germany's second largest bank by assets, Commerzbank, announced a comprehensive overhaul of its structure following what it called "current market rumors."
The European Central Bank President insisted that the bank's low interest rate policies were not responsible for the problems at Deutsche Bank.
European stocks closed lower on Tuesday as weak sentiment towards the banking sector saw Deutsche Bank shares hit a fresh record low.
European stocks closed lower Friday, clocking their worst percentage drop since the middle of June.
Commerzbank, Germany's second-biggest lender, will announce plans to split up its Mittelstandsbank at the end of the month, sources tell CNBC.
European stocks closed sharply lower on Friday after Wall Street stock indexes dropped and data showed Germany's exports fell in July.
Gustav Sandstrom, senior reporter at Dealreporter, discusses the news that Deutsche Bank and Commerzbank held merger discussions.
American banks could be the real beneficiaries of major European institutions paring down.
The head of Deutsche Bank made a public call for cross-border mergers in Europe, weeks after Germany's flagship lender scraped through stress tests.