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Europe Markets: European stocks sag as Deutsche Bank sells off

European shares were lower Friday, with a selloff in shares of Deutsche Bank AG rounding out what looks set to be a losing week for the market.

The Stoxx Europe 600 SXXP, -0.34% shed 0.2% to 339.55, with all sectors except for the health care group in the red. The index was on course to lose 1.7% for the week. It ended Thursday higher by 0.6%, the first win in six sessions.

Deutsche Bank shares DBK, -7.20%DB, +1.65% on Friday stumbled 7% after news late Thursday that the U.S. Department of Justice has asked the German lender to pay $14 billion to settle civil claims related to mortgage-backed securities.

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