Bulletin: Deutsche Bank Ratings Unaffected By Loss In The Fourth Quarter Of 2015 - S&P Global Ratings’ Credit Research

Bulletin: Deutsche Bank Ratings Unaffected By Loss In The Fourth Quarter Of 2015

Bulletin: Deutsche Bank Ratings Unaffected By Loss In The Fourth Quarter Of 2015 - S&P Global Ratings’ Credit Research
Bulletin: Deutsche Bank Ratings Unaffected By Loss In The Fourth Quarter Of 2015
Published Jan 21, 2016
Published Jan 21, 2016
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Abstract:

LONDON (Standard&Poor's) Jan. 21, 2016--Standard&Poor's Ratings Services said today that its ratings on Deutsche Bank AG (BBB+/Stable/A-2) are not affected by the bank's unscheduled disclosure of its earnings for the fourth-quarter of 2015. The full result announcement is due on Jan. 28, 2016. Deutsche Bank expects a €2.1 billion net loss for the fourth quarter due to further litigation and restructuring charges and weak revenues from its investment bank division. This would bring its net loss for the 2015 full year to €6.7 billion, which includes a €5.8 billion impairment of goodwill and intangibles, €5.2 billion of litigation provisions, and €1.0 billion of restructuring and severance charges. The bank stated that its fully-loaded common equity Tier

  
Report Type:

Bulletin

Ticker
DBK@GR
Issuer
GICS
Diversified Capital Markets (40203030)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Deutsche Bank Ratings Unaffected By Loss In The Fourth Quarter Of 2015" Jan 21, 2016. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Deutsche-Bank-Ratings-Unaffected-By-Loss-In-The-Fourth-Quarter-Of-2015-1565599>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Deutsche Bank Ratings Unaffected By Loss In The Fourth Quarter Of 2015 Jan 21, 2016. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Deutsche-Bank-Ratings-Unaffected-By-Loss-In-The-Fourth-Quarter-Of-2015-1565599>
  
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