Weiss Global Bank Ratings – No Bail Out From Germany, Deutsche Bank Update

[Image: Markus Bernet - Own work, CC BY-SA 2.5]

Chancellor Merkel announced at the weekend that there would be no bailout for Deutsche Bank if it failed. Following a bad week, shares continue to slump, down 6 percent this morning hitting a new 52-week low of $12.00 per share at one point.

This D- rated investment has been on our SELL list since October, 2015. We outlined some of the issues weighing down the bank in the major European bank review article.

Based on Weiss Global Bank Ratings, Deutsche Bank holds a C+ (Fair) safety rating.  The safety rating is different from investment rating as it focuses on the bank’s financial strength as a depository institution. For one of the World’s largest banks and Europe’s most important financial institutions, this is not a good rating.

At this time, we do not project any immediate threat to the stability of the bank. But it clearly cannot pay the proposed $14 billion fine from the U.S. Department of Justice, following the residential mortgage backed securities investigation.

Keep an eye on Deutsche Bank stock by adding it to your Watchlist.

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Weiss Ratings