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Deutsche Bank defies critics

Deutsche Bank, Germany's biggest bank, found itself under fire over a decision to resume trading in agricultural commodities. ||| Deutsche Bank, Germany's biggest bank, found itself under fire Monday over a decision to resume trading in agricultural commodities even though the practices are blamed for driving up global food prices. Deutsche Bank announced at the weekend that a special working group set up to assess and evaluate a string of studies on the matter had come to the conclusion that there was “no empirical evidence” to back up claims that agricultural commodities trading was to blame for soaring or widely fluctuating food prices.
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