- 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 Industrial and Commercial Bank of China could be interested buying a stake, citing unnamed sources in German regional government.
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