FILE PHOTO: People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar/File Photo

FRANKFURT (Reuters) - U.S. investment bank JPMorgan JPM.N denied a report on Friday in Germany's WirtschaftsWoche business weekly that it was interested in acquiring a stake in Deutsche Bank DBKGn.DE.

“We are denying the story, it is not true,” a spokesperson for JPMorgan said.

Deutsche Bank pared earlier gains to trade 3.5 percent higher following the JPMorgan denial.