Cryan Says Deutsche Bank ‘Disappointed' as Moody's Cuts Rating

``The ratings company on Monday said the German lender faces mounting challenges in carrying out its turnaround, and cut the bank's senior unsecured debt metric one level to Baa2, two grades above junk. The firm's long-term deposit rating fell to A3 from A2... "Deutsche Bank's performance over the last several quarters has been weak, and substantial operating headwinds, including continuing low interest rates and macroeconomic uncertainty, will challenge the firm," Moody's said in the statement.''