Deutsche Bank raises bet on Noble's USD 3.5 billion rescue plan

Deutsche Bank doubles down on bet that commodity trader Noble Group can complete its announced USD 3.5 billion restructuring.
Photo: Bloomberg
Photo: Bloomberg
by Thomas Beardsworth and David Yong, bloomberg

Deutsche Bank AG is doubling down on a bet that troubled commodities trader Noble Group Ltd. will be able to pull off a USD 3.5 billion reorganization.

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