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Wednesday, March 6, 2013

Market Chatter-Corporate finance press digest, (NYSE: DB), (NYSE: NMR)

The following corporate finance-related stories were reported by media on Thursday: * Italy's Banca Monte dei Paschi di Siena is seeking damages of at least 1.2 billion euros ($1.56 billion) from two former executives and investment banks Nomura Holdings Inc and Deutsche Bank AG over derivative trades, a judicial source with direct knowledge of the matter told Reuters.* Mervyn King, the outgoing governor of the Bank of England, has urged the government to break up the Royal Bank of Scotland Plc as the best way to recover the bulk of the 45 billion pounds ($67.75 billion) used to bail out the state-controlled bank.

Deutsche Bank AG is a Germany-based global investment bank. Shares of DB fell by 0.05% or $-0.02/share to $44.27. In the past year, the shares have traded as low as $27.03 and as high as $53.12. On average, 1509820 shares of DB exchange hands on a given day and today's volume is recorded at 1420216.

Nomura Holdings, Inc. is engaged in the investment and financial services business with a focus on securities business. Shares of NMR traded higher by 1.16% or $0.07/share to $6.12. In the past year, the shares have traded as low as $3.05 and as high as $6.17. On average, 494685 shares of NMR exchange hands on a given day and today's volume is recorded at 1153872.



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