Deutsche Bank : Recommendations lowered to ‘Reduce’ on increasing uncertainties and downside risks
Credit opinion already negative, gloomier outlook - >We revised our credit opinion on Deutsche Bank (DB) to Negative from Stable in May to reflect the strategic challenges facing the bank, its weak performance and uncertainties that its profitability targets would be achieved. Since then, nothing has in our view allayed any of these concerns and litigation risks have resurfaced (money laundering in Germany, role in the Danske case). Authorities are likely to take...Deutsche Bank is a holding company acting as an international financial service provider. Co. offers a wide variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Co. has operations or dealings with existing or potential customers in most countries in the world. Co. is organized into the following six corporate divisions: Global Markets (GM); Corporate & Investment Banking (CIB); Private, Wealth & Commercial Clients (PW&CC); Deutsche Asset Management (Deutsche AM); Postbank (PB); and Non-core Operations Unit (NCOU).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.