Deutsche co-CEO Jain will not be ousted due to Libor scandal, Reuters says

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The current findings of regulator BaFin related to charges of manipulating Libor rates would not lead to the dismissal of Deutsche Bank's (DB) co-chief executive Anshu Jain, according to Reuters, citing people with knowledge of the matter. The Fly notes that Deutsche Bank shares trading in New York are up over 4% in pre-market trade.

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