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home / news releases / DB - Why Shares of Deutsche Bank Are Rising Today

DB - Why Shares of Deutsche Bank Are Rising Today

Deutsche Bank AG

Shares of Deutsche Bank (NYSE: DB) traded nearly 11% higher as of 11:47 a.m. ET today after the investment bank announced that it plans to wind down all of its operations and leave Russia.

Due to Russia's invasion of Ukraine, a growing number of large banks, including JPMorgan Chase , Goldman Sachs , and Citigroup , are exiting Russia.

In a statement issued Friday, the bank said:

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Why Shares of Deutsche Bank Are Rising Today
Stock Information
Company Name: Deutsche Bank AG
Stock Symbol: DB
Market: NYSE
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