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S&P affirms, withdraws ratings of Japan's Deutsche Securities

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.