Bloomberg News

Deutsche Bank Among 13 Financial Firms That May Be Cut by Fitch

October 13, 2011

Oct. 13 (Bloomberg) -- Deutsche Bank AG, Germany’s largest lender, is among at least 13 financial firms that may have credit or viability grades cut by Fitch Ratings.

Goldman Sachs Group Inc., Morgan Stanley and Credit Suisse AG were also among firms that may be cut based on “Fitch’s view that these institutions’ business models are particularly sensitive to the increased challenges the financial markets are facing,” the ratings firm said in a statement today.

To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net


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