http://www.forbes.com/afxnewslimited/feeds/afx/2008/06/11/afx5103208.html FRANKFURT (Thomson Financial) - Shares in Deutsche Bank AG. were higher in early morning deals as traders pointed to talk that Russian billionaire Suleiman Kerimov may be looking to buy shares in Germany's largest bank and other European banking giants. Several traders said they had heard talk of Kerimov buying shares in Deutsche Bank (nyse: DB - news - people ) and one local dealer said the rumours could be traced to a Russian media report. A second trader said he had heard that Kerimov is interested in purchasing up to a 9 percent stake in Deutsche Bank and may own about 3 percent in the financial institution. At 9:20 a.m., shares in Deutsche Bank were 1.36 euros, or 2.20 percent, higher at 16.06, making it the third top gainer on the DAX, which was 33.42 points, or 0.49 percent higher at 6,804.52. According to Forbes magazine Kerimov is the 35th richest man in the world and has amassed around $14.4 billion largely from investment trading. A spokesman for Deutsche Bank said the German banking giant currently has knowledge of only two investors who hold more than 3 percent of shares in the company, UK-based Barclays (nyse: BCS - news - people ) Global Investors and France's AXA SA. Under German regulation, an investor must disclose when his holdings rise above or falls below certain levels, including 3 percent, 5 percent and 10 percent.