DB suffers series of ratings cuts

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DB suffers series of ratings cuts

John Cryan Deutsche Bank CEO 230x150
John Cryan, Co-CEO of Deutsche Bank, arrives to the balance sheet press conference at Deutsche Bank headquarters in Frankfurt am Main, Germany, 28 January 2016. The Deutsche Bank balance sheet for the previous year shows a full-year net loss of 6.8 billion euros. Photo: BORIS ROESSLER/dpa | Boris Roessler/DPA/PA Images

Moody’s cut Deutsche Bank’s debt rating to two notches above junk on Monday, as the German bank continues to fall foul of negative sentiment around its costly restructuring.

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