UPDATE: German Gov. Ruled out State Help for Deutsche Bank (DB) - DJ

October 14, 2016 11:45 AM EDT
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(Updated - October 14, 2016 11:51 AM EDT)

The German government has ruled out state help for Deutsche Bank (NYSE: DB) and wouldn't take a stake in the bank if it were to issue new stock, according to Dow Jones.

In a closed-door briefing, a group of lawmakers and official said it was "inconceivable for the state to take a stake in Deutsche Bank," reported the news service.

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