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Deutsche Bank co-CEO Juergen Fitschen and four other defendants went on trial on Tuesday accused of giving false testimony in a long-running legal battle with the defunct Kirch media group. A guilty verdict would deal a deadly blow to Germany's biggest lender as it struggles to clean up its image in the wake of a long list of legal challenges in recent years, and would leave the defendants facing prison sentences of between one and 10 years. Fitschen and four others -- ex-chief executives Rolf Breuer and Josef Ackermann and former executives Clemens Boersig and Tessen von Heydebreck -- are accused of giving misleading evidence to judges in one of the lawsuits brought by the late media magnate Leo Kirch against the bank.
WASHINGTON (AP) — Senate Minority Leader Harry Reid on Tuesday urged his colleagues to back legislation empowering Congress to review and possibly reject any nuclear deal with Iran and warned GOP presidential hopefuls not to use it as a "platform for their political ambitions."