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 AG (NYSE:DB) 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.
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In the report, Moody’s cites its Expected Default Frequency measure, which is a continuous measure of a firm’s default...
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