Standard & Poor's Ratings Services said April 14 that itaffirmed the ratings of Japan-based Deutsche Securities Inc. and withdrew them atthe company's request.
The rating agency affirmed the company's BBB+ long-term and A-2short-term counterparty credit ratings. The outlook on the rating was stable priorto the withdrawal.
S&P said it views Deutsche Securities as a core subsidiaryof Germany-based Deutsche Bank AGand equalized the unit's ratings with that of its parent.
S&P Ratings and S&PGlobal Market Intelligence are owned by McGraw Hill Financial Inc.