German government is preparing a rescue plan for Deutsche Bank
From news.forexlive.com
Reuters picking up a story in Germany's Zeit •Government and financial authorities are preparing a rescue package •Rescue would come into force if DB needed extra capital and was not able to raise it on the market •Gov would take a stake in DB in the worst case scenario •Gov still hopes DB won't need support and only scenarios for a rescue are being discussed so far There's been various headline out this morning regarding DB and a spokesman has said that state aid is not an issue and that none is needed right now.
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