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Deutsche Bank at risk of Moody's rating cut

The bank's riskiest debt, known as additional Tier 1 notes, also under review
Wednesday, March 23, 2016 - 05:50

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The rating agency said it isn't clear how the lender will make up for revenue lost by shrinking the balance sheet and narrowing its focus to clients who generate the most income.

New York

DEUTSCHE Bank AG may have its credit rating cut by Moody's Investors Service on concern that Germany's largest lender will struggle to carry out an overhaul and improve profit.

"Since changing leadership last June and recalibrating its strategic plan last November, the

sentifi.com

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