BRIEF-S&PWe Consider Both Management Teams Remain Under Pressure To Build Investor Confidence In Their Stand-Alone Business Models' Ability To Combat Their Key Weaknesses

S&P: We Think Commerzbank: * IS SOMEWHAT LESS CHALLENGED THAN DEUTSCHE BANK, ALTHOUGH OUR NEGATIVE OUTLOOK ON COMMERZBANK CONTINUES TO REFLECT DOWNSIDE RISKS

* S&P:WE CONSIDER THAT DEUTSCHE BANK HAS ACKNOWLEDGED THAT IT MAY NEED TO TAKE FURTHER STRATEGIC ACTIONS TO ACHIEVE ITS LONGER-TERM OBJECTIVE OF ADEQUATELY COVERING ITS COST OF CAPITAL * S&P:IN OUR VIEW, DEUTSCHE BANK WILL REMAIN UNDER STRAIN UNTIL IT STARTS TO CLOSE IN ON THIS OBJECTIVE

* S&P:WE CONSIDER BOTH MANAGEMENT TEAMS REMAIN UNDER PRESSURE TO BUILD INVESTOR CONFIDENCE IN THEIR STAND-ALONE BUSINESS MODELS' ABILITY TO COMBAT THEIR KEY WEAKNESSES Source text for Eikon: Further company coverage: