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28-Oct (ZeroHedge) — 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 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.
PG View: We’ve been warning about the risks associated the Deutsche Bank for some time now. Those risks don’t seem to be diminishing . . .
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