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Dow Industrials Edge Higher
Dow Industrials Edge Higher
A Son of Wall Street Privilege Faces Fraud Charges
A Son of Wall Street Privilege Faces Fraud Charges
The Markets Have a Message: Don’t Believe This Rally
Streetwise
The Markets Have a Message: Don’t Believe This Rally
Housing Market’s Health Put to the Test
Housing Market’s Health Put to the Test
Starwood Deal: Cash Bid May Not Be King
Starwood Deal: Cash Bid May Not Be King
Hedge Funds for Retail Class Face Regulatory Reckoning
Hedge Funds for Retail Class Face Regulatory Reckoning
Regulator Moves to Create New Fintech Framework
Regulator Moves to Create New Fintech Framework
Chinese Investors See Golden Opportunity
Chinese Investors See Golden Opportunity
  • BREAKING NEWS

    Foxconn's board approves plan to buy Sharp

Deutsche Bank on Review for Possible Downgrade From Moody’s

Ratings firm cites cost-cutting hurdles, worsening operating environment

By

Moody’s Investors Service said Monday it is reviewing Deutsche Bank AG’s credit rating for possible downgrade, citing risks to the lender’s profitability and cost-cutting plans in worsening markets.

The ratings firm said weakness in Deutsche Bank’s key securities-trading business helped prompt the move. It said the bank’s struggles in recent months reflect “rising execution hurdles” to slashing expenses and meeting other goals as the...

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