The rating agency Fitch has changed the rating outlook for Deutsche Bank to positive from stable.
Fitch Ratings also confirmed Deutsche Bank’s long-term issuer default rating of “A-“. The now positive rating outlook takes into account Deutsche Bank’s progress in creating a more balanced earnings profile by increasing the profitability of more stable businesses, Fitch said. The rating agency expects these advances to sustainably improve operational performance, increase resilience and support capital generation.
The Deutsche Bank share was temporarily 0.61 percent higher at 26.48 euros in after-hours trading on Tradegate.
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