Bulletin: Deutsche Bank AG Ratings And Outlook Unchanged Following News Of Strong Third-Quarter Earnings - S&P Global Ratings’ Credit Research

Bulletin: Deutsche Bank AG Ratings And Outlook Unchanged Following News Of Strong Third-Quarter Earnings

Bulletin: Deutsche Bank AG Ratings And Outlook Unchanged Following News Of Strong Third-Quarter Earnings - S&P Global Ratings’ Credit Research
Bulletin: Deutsche Bank AG Ratings And Outlook Unchanged Following News Of Strong Third-Quarter Earnings
Published Oct 29, 2009
Published Oct 29, 2009
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Abstract:

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 in pretax income in the third quarter of 2009 and the acquisitions of private bank Sal. Oppenheim jr.&Cie S.C.A. (unrated) and parts of ABN-AMRO's Dutch commercial banking network. Deutsche Bank's strong global position in fixed income and equities and favorable conditions in these markets explained its performance in the quarter. Market conditions continued to favor securities sales and trading due to high volumes of bond issuance, a positively sloped yield curve, still-wide bid-offer spreads, and reduced competition in the securities business. Revenues (net

  
Report Type:

Bulletin

Ticker
DBK@GR
Issuer
GICS
Diversified Capital Markets (40203030)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
United States
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings 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.

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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Deutsche Bank AG Ratings And Outlook Unchanged Following News Of Strong Third-Quarter Earnings" Oct 29, 2009. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Deutsche-Bank-AG-Ratings-And-Outlook-Unchanged-Following-News-Of-Strong-Third-Quarter-Earnings-754181>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Deutsche Bank AG Ratings And Outlook Unchanged Following News Of Strong Third-Quarter Earnings Oct 29, 2009. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Deutsche-Bank-AG-Ratings-And-Outlook-Unchanged-Following-News-Of-Strong-Third-Quarter-Earnings-754181>
  
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