Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced that the rating agency Moody’s Investors Service has upgraded its long-term debt and deposit rating to Aa1 from Aa3 and the Bank Financial Strength Rating to B from B-. Deutsche Bank’s short-term rating was affirmed at P-1 and the outlook at stable.
The rating action follows of the application of Moody’s revised Bank Financial Strength Rating (BFSR) and Joint Default Analysis (JDA) methodologies.