Bond buy back talk lifts Deutsche Bank

Deutsche Bank shares jumped the most in almost seven years and credit risk fell as Germany’s biggest bank considers a bond buyback to help ease investor concerns about its funds, according to a person with knowledge of the matter.

While the bank has ample cash to make the purchases, no decision has been made and a buyback may yet be deemed unattractive, the person said.

Such a move would focus on senior bonds and probably wouldn’t include the firm’s riskiest debt, known as CoCos.