Cryan Says Deutsche Bank ‘Disappointed’ as Moody’s Cuts Rating

  • Unsecured debt rating lowered to Baa2, two levels above junk
  • ‘They face some pretty challenging headwinds,’ analyst says

Deutsche Bank CEO: Have Enough Capital to Repay Debt

Deutsche Bank AG Chief Executive Officer John Cryan said his bank has never had more capital and could easily repay its debt many times over, responding to a credit-rating cut by Moody’s Investors Service.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.