PARIS (Standard&Poor's) May 4, 2011--Standard&Poor's Ratings Services said today that its ratings on Deutsche Bank AG (A+/Stable/A-1) remain unchanged following the announcement of a U.S. Justice Department lawsuit against one of the bank's U.S. subsidiaries. The U.S. Justice Department (DOJ) yesterday filed a civil suit against MortgageIT, Inc., a U.S. mortgage originator that Deutsche Bank acquired in January 2007. Standard&Poor's believes that the lawsuit's potential financial impact on Deutsche Bank should be manageable in light of our expectations of the bank's significant consolidated earnings over the medium term. The reputational impact could be greater than the financial impact, but this should be limited as well. The underwriting standards of most private and public sector
