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Deutsche Bank fined for $10 billion sham Russian trades



NEW YORK/FRANKFURT (Reuters) - Deutsche Bank has agreed to pay $630 million in fines for organizing $10 billion in sham trades that could have been used to launder money out of Russia, the latest in a string of penalties that have hammered the German lender's finances.


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Asia stocks cautious as oil bounces, BOJ awaited SYDNEY (Reuters) - Asian shares got off to a tentative start on Friday after oil cobbled together a third session of gains and markets wagered U.S. ...

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