![]() Deutsche Bank is under scrutiny for its controls to prevent money laundering, said a person with direct knowledge of the matter. Regulatory issues have not entirely gone away. Ratings agencies, including Moody's, have been upgrading Deutsche's ratings in a sign of confidence that earnings are sustainable. Olivier Panis, analyst with Moody's, said bank restructurings take time.ĭeutsche's management "took the right decisions, probably at the right time, benefiting also from favourable market conditions," he said. They privately say they feel the pain of Swiss rival Credit Suisse (CSGN.S), which is facing its own crisis after losses and scandals. mortgage crisis.īankers at Deutsche are relieved that for once the bank is mostly out of the headlines. Regulators say the bank is on firmer footing than in 2016, when it became public that Deutsche would have to pay a multibillion dollar fine for its role in the U.S.
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