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Deutsche Bank says it will defend itself against cartel charges in Australia

SYDNEY (Reuters) - Deutsche Bank said on Friday it will defend itself against cartel charges expected to be laid in Australia over its involvement in a $2.3 billion (£1.7 billion) share issue it underwrote for Australia and New Zealand Banking Group Ltd in 2015.

"Deutsche Bank intends to vigorously defend those charges. Given this is a legal matter, we will not be providing any further comment at this time," a Deutsche Bank spokeswoman said in an emailed statement.


(Reporting by Paulina Duran; Editing by Stephen Coates)