Moody's Peter Nerby on Deutsche Bank Rating Cut

Deutsche Bank AG had its credit rating cut by Moody’s Investors Service, which said the German lender faces mounting challenges in carrying out its turnaround. Moody's Investors Senior Credit Officer Peter Nerby speaks on "Bloomberg Markets." (Source: Bloomberg)

Ratings Firms Face Challenges in China
02:45 - Evergrande has a AAA rating from China's Chengxin Ratings firm while the three main foreign assessors classified it as being junk. This divergence isn't rare and as China opens up its credit rating market to foreign-owned companies, it may not be as easy as they hoped to get established in the country. Bloomberg's Andrew Monahan reports on "Bloomberg Markets: Asia." (Source: Bloomberg)
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