Moody’s considers upgrading DB amid ‘regained earnings strength’
by Tyler Davies
May 18, 2021 12:45 PM
Moody’s has placed Deutsche Bank on review for a ratings upgrade, praising the firm for making "swift and pronounced progress" towards its restructuring goals. The rating agency wants to determine whether the German bank can sustain a recent improvement in its earnings, which has largely been fuelled by an outperformance in its capital markets business.
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