2016-10-06bloomberg.com

Some of Germany's biggest publicly traded companies are prepared to buy shares in Deutsche Bank AG to prop up the lender in the event of a potentially crippling legal fine in the U.S., German newspaper Handelsblatt reported.

The chief executive officers of "several" blue-chip companies listed on DAX, the German index, have discussed the bank's situation, the newspaper said, without identifying the companies or saying where it got the information.

The capital injection under discussion is in the low, single-digit billion-euro range, according to Handelsblatt, which said Deutsche Bank officials and high-ranking members of the German government have been informed about the plan. A Deutsche Bank spokeswoman declined to comment on the report, published after markets in Frankfurt closed.



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