Research Update: Deutsche Bank And Core Subsidiaries 'A+' Long-Term Credit Rating Affirmed After Action On Germany; Outlook Negative Jan 12
- Language: English
- Published: January 2012
- Region: Germany
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
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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 >
- Deutsche Bank AG