Moody's: Deutsche Bank Is Dangerously Close To Falling Below Its “Default Point”
Rupert Hargreaves2016-10-27T13:14:58-04:00
Moody’s Capital Markets Research issued a damning verdict on Deutsche Bank earlier this week. In a research report put together by the credit agency’s ‘Analytics’ research division, Moody’s analysts write that Deutsche Bank AG (NYSE:DB) expected default frequency remains at one of the highest levels in the banking industry, despite the bank’s efforts to shore up its capital position.
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Rupert Hargreaves
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk