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(AFX UK Focus) 2009-11-26 10:32
Deutsche Bank has no exposure to Dubai World-source
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FRANKFURT, Nov 26 (Reuters) - Deutsche Bank has no exposure to Dubai World, a person familiar with the situation told Reuters on Thursday.
"The bank has no Dubai World bonds or loans," the source said.
Dubai said on Wednesday it was asking creditors of Dubai World and property group Nakheel to agree a debt standstill as it restructures Dubai World, the conglomerate that spearheaded the emirate's breakneck growth.
Shares of Deutsche Bank were down 4.5 percent at 47.58 euros by 1011 GMT, having earlier fallen as low as 47.10 euros. Germany's blue-chip index was down 1.9 percent.

(Reporting by Philipp Halstrick; Writing by Maria Sheahan) Keywords: DEUTSCHEBANK/DUBAI (maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters Messaging: maria.sheahan.thomsonreuters.com@thomsonreuters.net)

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Bonds, money
Re-organisations, re-structurings, name changes, AGM, EGM
General news
Government regulatory actions
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