S&P revises Deutsche Bank AG outlookgreenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread
Standard & Poor's today revised the outlook
for Deutsche Bank AG and related entities to
stable from negative.
. . .
Core profitability has been depressed over
recent years due to strong growth in Deutsche
Bank's cost base, ongoing investment needs in
human capital (investment banking), and
infrastructure (E-commerce, Y2K, Euro
introduction, and risk management systems),
as well as restructuring charges in connection
with the Bankers Trust acquisition and its
domestic retail business.
Alta Vist Live
-- spider (firstname.lastname@example.org), September 21, 2000