Deutsche Bank has announced that it is to buy back more than $5bn (£3.5bn) of its own debt.
It is buying €3bn (£2.3bn) of euro-denominated bonds and $2bn of dollar-denominated ones. Rumours on Wednesday that it was about to buy the debt sent Deutsche Bank's shares soaring. The confirmation on Friday gave the shares a bit of a boost, although they had already been up by about 10% earlier in the day.