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Jain reaction

29 April 2013 By Dominic Elliott

Anshu Jain has seen sense: the German bank is raising 4.8 bln euros in equity and junior debt. That helps plug U.S. weakness. But it’s not decisive, and the U-turn from “organic” capital-raising dents management credibility. With Libor still hanging, Jain isn’t out of the woods.

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