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Post by privateinvestors on Mar 22, 2016 17:22:16 GMT 4
Moody's has placed Deutsche Bank's ratings on review for possible downgrade, citing rising execution hurdles as the bank tries to stabilize profits over the next three years. The move comes days after the German lender warned that volatile financial markets in the first quarter, normally a strong season for banks, posed a challenge for the entire sector. Deutsche Bank (NYSE:DB) also scrapped board bonuses this year after posting a record loss for 2015. DB -3.1% premarket.
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