Frankfurt: The international credit rating agency Moody’s said today it has placed the long-term debt and deposit rating of Deutsche Bank, Germany’s biggest bank, on review for possible downgrade.
Moody’s said in a statement it was reviewing the current A2 rating on Deutsche Bank’s supported long-term debt and deposit rating.
“The review for possible downgrade follows Deutsche Bank’s announcement of a 34-percent decline in net income for the first quarter of 2014,” said Moody’s analyst Peter Nerby.
“The first quarter is typically strong for Deutsche Bank and the earnings decline highlights the continuing obstacles facing the bank.”
'It Is Very Difficult To Recreate...': MS Dhoni Reflects On Most Emotional Moment Of His Career Ahead Of IPL 2026 Auction; Video
Uttar Pradesh News: BLOs Struggle To Meet SIR Deadline Amid Public Resistance And Heavy Workload
'Mirzapur Is A Show Full Of Misogyny': Rasika Dugal Gets Trolled For Saying She Wouldn't Have Accepted Ranbir Kapoor's Animal
Inter-Gang Rivalry: Bishnoi’s Former Close Aide Chased, Shot Dead In Chandigarh
Moody’s said if a downgrade were to occur “it would likely be limited to one notch.”
.png)
