The rating agency S & P, with its confidence in the imminent restructuring at Deutsche Bank, gave the shares price gains on Tuesday. With a growth of over two percent to 7.03 euros, the papers picked up as one of the Dax favorites to their latest winning series.
The S & P experts described the institution’s slimming and reinvestment plans as workable in an analysis sent out the previous evening, “though not without risks.” The reorganization was a logical and necessary response to the increasingly challenging environment. S & P was convinced that the management of Deutsche Bank would achieve its goals. The credit rating of Deutsche Bank left the rating agency unchanged.
Karen Stone is a reporter for The Ticker Times. After graduating from DNYU Stern School of Business, Karen got an internship at New York 4 where she worked on profiling local businesses. Karen was also was a columnist for the Huff Post. Karen mostly covers business and community events.
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