Deutsche Bank AG: Rating Report

Ratings

• Deutsche Bank AG

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  09-May-18	Long-Term Issuer Rating	A (low)	Neg	Trend Change	US U
  09-May-18	Short-Term Issuer Rating	R-1 (low)	Stb	Confirmed	US U
  09-May-18	Long-Term Senior Debt	A (low)	Neg	Trend Change	US U
  09-May-18	Short-Term Debt	R-1 (low)	Stb	Confirmed	US U
  09-May-18	Short-Term Deposits	R-1 (low)	Stb	Confirmed	US U
  09-May-18	Long Term Critical Obligations Rating	A (high)	Neg	Trend Change	US U
  09-May-18	Short Term Critical Obligations Rating	R-1 (middle)	Neg	Trend Change	US U
  09-May-18	Long-Term Deposits	A (low)	Neg	Trend Change	US U

  More

  Less

• Deutsche Bank Trust Company Americas

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  09-May-18	Long-Term Issuer Rating	A (low)	Neg	Trend Change	US
  09-May-18	Short-Term Issuer Rating	R-1 (low)	Stb	Confirmed	US
  09-May-18	Short-Term Debt	R-1 (low)	Stb	Confirmed	US
  09-May-18	Short-Term Deposits	R-1 (low)	Stb	Confirmed	US
  09-May-18	Long-Term Deposits	A (low)	Neg	Trend Change	US
  09-May-18	Long-Term Senior Debt	A (low)	Neg	Trend Change	US

  More

  Less