The following corporate finance-related stories were reported by media on Wednesday:* Deutsche Bank AG has set aside about 500 million euros ($642.95 million) to cover possible fines for the alleged manipulation of Libor interest rates after the German lender last week increased provisions to reflect potential antitrust charges, the Financial Times reported. ()
Deutsche Bank AG is a global investment bank. The Company offers a variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Shares of DB fell by 0.25% or $-0.1/share to $40.26. In the past year, the shares have traded as low as $27.03 and as high as $53.12. On average, 1590060 shares of DB exchange hands on a given day and today's volume is recorded at 2073098.
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