Moody's cuts credit ratings on Deutsche Bank
Moody's cuts credit ratings on Deutsche Bank
New York - QNA
The rating agency Moody's downgraded Deutsche Bank AG’s credit ratings, citing the bank’s challenges in overhauling operations.
The bank's debt was downgraded late Monday from Baa1 to Baa2, with a stable outlook. A Moody's statement cited weakness in recent earnings reports from Germany's largest bank, as well a wide-ranging overhaul announced last year.
Prevailing conditions in the financial industry, including low interest rates and other "operating headwinds", are only complicating Deutsche Bank's streamlining plans, Moody's said.
GMT 11:21 2018 Saturday ,06 January
US tax law pushes Deutsche into loss for 2017GMT 10:47 2017 Thursday ,26 October
Deutsche Bank in $220 mn Libor settlement with US statesGMT 11:43 2017 Tuesday ,12 September
US sues ex-Deutsche Bank exec for securities fraudGMT 20:07 2017 Wednesday ,31 May
Deutsche Bank to support China's 'Belt and Road'GMT 09:06 2017 Friday ,19 May
Deutsche Bank chairman expects former execs to pay
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 07:55 2017 Tuesday ,28 March
Wafaa Amer wears Hijab in 'The Flood'
GMT 03:34 2017 Thursday ,16 February
Maastricht aims to rekindle European dream, 25 years on
GMT 20:27 2016 Monday ,14 March
Tawazun to launch two new companies during ISNR 2016
GMT 05:12 2017 Saturday ,01 July
‘Star Wars’ droid R2-D2 auctioned for $2.8m
GMT 01:34 2016 Friday ,28 October
PAP president arrives in Cairo
GMT 07:36 2017 Wednesday ,22 February
Wafaa Amer is happy for Sherihan’s return
GMT 19:06 2017 Monday ,24 April
Premier follows up infrastructure development projects
GMT 23:08 2018 Monday ,22 January
BOC announces 2018 programme
GMT 09:46 2015 Thursday ,30 July
Tom Cruise attend 'Mission: Impossible' premiere
GMT 09:16 2017 Wednesday ,17 May
Indian School Salalah launches safe transport system
GMT 18:49 2017 Saturday ,28 January
Egypt amb. meets representatives of German travel agencies, newspapers
GMT 01:18 2017 Wednesday ,22 February
Three astronauts touch down after 6 months in space
GMT 11:04 2017 Wednesday ,22 February
Top US envoys to meet Mexico president to calm tension
GMT 11:33 2017 Saturday ,11 November
PM lauds sacrifices of Pakistan Army against terrorism
GMT 13:40 2017 Monday ,10 April
Drums festival press conference cancelled due to churches’ bombings
GMT 14:56 2017 Thursday ,17 August
Alibaba profit nearly doubles on robust revenues
GMT 23:38 2017 Monday ,04 September
Bahrain’s voluntary, humanitarian work record praised
GMT 15:06 2017 Monday ,13 March
Europe-Turkey rift widens
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor