JPMorgan denies report of interest in Deutsche Bank
Tweet
Share
E-mail
FILE PHOTO: People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar/File Photo
Get Alerts JPM Hot Sheet
Join SI Premium – FREE
FRANKFURT (Reuters) - U.S. investment bank JPMorgan (NYSE: JPM) denied a report on Friday in Germany's WirtschaftsWoche business weekly that it was interested in acquiring a stake in Deutsche Bank
"We are denying the story, it is not true," a spokesperson for JPMorgan said.
Deutsche Bank pared earlier gains to trade 3.5 percent higher following the JPMorgan denial.
(Reporting by Hans Seidenstuecker; Writing by Douglas Busvine; Editing by Tom Sims)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Real and RE/MAX Holdings receive court approval for merger
- CoStar Group acquires Zonda for $800M, adding new home data
- Nu Skin EVP of global sales takes medical leave
Create E-mail Alert Related Categories
Corporate News, Mergers and Acquisitions, Reuters, RumorsRelated Entities
Deutsche Bank, JPMorganSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
