- Language: English
- Published: October 2011
Summary: Deutsche Bank AG Jan 04
- ID: 2031238
- January 2004
- Standard & Poors
The ratings on Deutsche Bank AG are based on the group's strong and diversified business profile, focused strategy, conservative risk appetite, and solid capital base. They also reflect, however, that Deutsche Bank's profitability is still lagging that of many similarly rated international banks and continues to exhibit a relatively strong reliance on investment-banking activities, which partly reflects the more difficult domestic banking environment. Deutsche Bank is one of the most important financial institutions globally, with a comprehensive range of products, and strong market positions in almost all key areas of corporate and investment banking, and asset management. Combining these factors with the rigid implementation of cost-cutting initiatives, business portfolio measures, and credit exposure reductions in 2002 and 2003, makes Standard...
Companies mentioned in this report are:
- Deutsche Bank AG
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included. SHOW LESS READ MORE >