Deutsche Bank shares spiked after reports JPMorgan could be interested in a stake — but the bank is denying it
Business Insider -

REUTERS/Ralph Orlowski

Deutsche Bank shares popped 5% on Friday morning after a German business magazine said JPMorgan and the Industrial and Commercial Bank of China could be interested in taking a stake.

JPMorgan has officially denied the story.

LONDON — JPMorgan on Friday denied it had any plans to take a stake in Deutsche Bank after earlier reports in a German magazine.

Deutsche Bank shares jumped as much as 5% on Friday morning after WirtschaftsWoche magazine reported that JPMorgan and...

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