from
S&P Credit Research727 word report
published Oct 30, 2008
Price
$100.00 available for immediate download
Report Overview
Search Inside
About
S&P Credit Research
| Abstract: | FRANKFURT (Standard&Poor's) Oct. 30, 2008--Standard&Poor's Ratings Services today commented on the third-quarter earnings release of Deutsche Bank AG (AA-/Negative/A-1+). The group's pretax income was €93 million in a challenging quarter. However, pretax income would have been about €1 billion lower, excluding the reclassification of certain trading assets and those available for sale into the loans and receivables category--under International Accounting Standard No. 39 and International Financial Reporting Standard No. 7--and excluding fair-value gains on own debt. The bank has announced that its corporate banking and securities division posted a pretax loss of €789 million, including the benefit from asset reclassification of €820 million. This loss stemmed mainly from higher-than-expected losses from proprietary trading of €1.3 billion
|
| Brief Excerpt: | RESEARCH Ratings Definitions Deutsche Bank's Q3 Earnings Highlight Risk Of Further Near-Term Earnings Volatility Publication date: 30-Oct-2008 Primary Credit Analyst: Bernd Ackermann, Frankfurt (49) 69-33-999-153; bernd_ackermann@standardandpoors.com...
|
| Report Type: | News
|
| Ticker: | DBK@GR
|
| Issuer: | Deutsche Bank AG
|
| GICS: | Diversified Capital Markets (40203030)
|
| Sector: | Global Issuers, Public Finance, Structured Finance
|
| Country: | Germany
|
| Region: | United States
|
| Free Sample: |
Click Here to Download
|
| Format: | | HTML |  |
|
S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
Also from S&P Credit Research
- Bulletin: Deutsche Bank AG Ratings And Outlook Unchanged Following News Of Strong Third-Quarter Earnings $100.00
PARIS (Standard&Poor's) Oct. 29, 2009--Standard&Poor's Ratings Services said today its ratings and outlook on Germany-based Deutsche Bank AG (A+/Stable/A-1) and related entities remain unchanged following the bank's announcement of €1.3 billion ...
- Deutsche Bank AG $400.00
Strong franchise in securities business, investment banking, and transaction banking. Sound current funding and liquidity position. Strategic shift towards activities with lower capital market-sensitivity, notably retail and transaction banking. ...
- Summary: Deutsche Bank AG $175.00
Standard&Poor's Ratings Services' rating on Deutsche Bank AG (A+/Stable/A-1) is supported by Deutsche Bank's strong market position in its capital markets businesses, good performance in global transactions, and the bank's stable management ...
- Deutsche Bank AG Ratings And Outlook Unchanged By Announcement Of Mixed Second-Quarter Earnings $100.00
FRANKFURT (Standard&Poor's) July 29, 2009--Standard&Poor's Ratings Services said today its ratings and outlook on Germany-based Deutsche Bank AG (A+/Stable/A-1) and related entities remain unchanged, following Deutsche Bank's announcement yesterday ...
- Preliminary Rating Assigned To Initial Issuance From Deutsche Bank's German Covered Bond Program $100.00
FRANKFURT (Standard&Poor's) May 27, 2009--Standard&Poor's Ratings Services has assigned a preliminary 'AAA' credit rating to the inaugural Hypotheken Pfandbrief (German legislation-enabled mortgage covered bond) issuance to be issued by Deutsche ...
- Deutsche Bank 'A+/A-1' Ratings Affirmed Following 2008 Loss; Outlook Remains Stable $100.00
LONDON (Standard&Poor's) Jan. 15, 2009--Standard&Poor's Ratings Services said today that it affirmed its 'A+/A-1' counterparty credit ratings on Deutsche Bank AG. The outlook remains stable. "This follows yesterday's announcement that Deutsche ...
- Research Update: Deutsche Bank 'A+/A-1' Ratings Affirmed Following 2008 Loss; Outlook Remains Stable $175.00
On Jan. 15, 2009, Standard&Poor's Ratings Services affirmed its 'A+/A-1' counterparty credit ratings on Deutsche Bank AG. The outlook remains stable. This follows yesterday's announcement that Deutsche Bank suffered a net loss of €4.8 billion ...
- Eight Deutsche Bank AG LOC-Backed Bond Ratings Lowered To ?A+/A-1? $100.00
NEW YORK (Standard&Poor's) Dec. 22, 2008--Standard&Poor's Ratings Services today lowered its ratings on eight Deutsche Bank AG letter of credit (LOC)-backed bond issues (see list). These rating actions follow the Dec. 19, 2008, lowering of ...
