Moody's: Postbank view to negative

Moody's Investors Service said it affirmed Deutsche Postbank AG's A2 long-term debt and deposit ratings and changed the outlook on the ratings to negative from stable.

Consequently, Postbank's Prime-1 short-term debt and deposit ratings were affirmed.

Moody's said the action follows (a) its affirmation of Deutsche Bank's standalone credit profile - as expressed by its standalone bank financial strength rating and baseline credit assessment - at C-/baa2; and (b) the affirmation of its supported long-term senior ratings at A2.

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