LONDON (Reuters) - Scope announced on Wednesday it had decided to downgrade Deutsche Bank's <DBKGn.DE> rating outlook to "negative" from "stable" despite the change in management at the German lender.
"Indifferent of top management changes, the group faces ongoing steep challenges for its multi-year business-model and activity-mix recalibration effort," the rating agency said in a statement, adding that "headline risk also remains from the legacy of past activities".
The outlook change comes a week after a report said the U.S. regulator viewed one of Deutsche Bank's U.S. businesses as "troubled" and Standard & Poor's downgraded its credit rating.
Deutsche Bank <DBKGn.DE> hired a new CEO in April and announced on May 24 plans to slash more than 7,000 jobs to cut costs and restore profitability.
(Reporting by Julien Ponthus; Editing by Maria Sheahan)
