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ARCHIVE | Criteria | Financial Institutions | Request for Comment: Standard & Poor's Risk-Adjusted Capital Framework For Financial Institutions Jul 08 Product Image

ARCHIVE | Criteria | Financial Institutions | Request for Comment: Standard & Poor's Risk-Adjusted Capital Framework For Financial Institutions Jul 08

  • ID: 1711245
  • July 2008
  • Standard & Poors

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Abstract
Standard & Poor's Ratings Services is updating the way it evaluates the capital adequacy of financial institutions worldwide. So far, we've published information on our general framework for risk-adjusted capital analysis and methodology for refining the computation of capital. This report provides further details on the approach, calibration methodology, and risk parameters we're using to construct our global risk-adjusted capital framework (RACF). Additional information can be found in "Credit FAQ: Standard & Poor's Addresses Frequently Asked Questions About Its Risk-Adjusted Capital Ratio," and "Trading Losses At Financial Institutions Underscore Need For Greater Market Risk Capital," both published April 15, 2008, on RatingsDirect. The RACF will allow calculation of the Standard & Poor's risk-adjusted capital ratio (RAC), which will provide a...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

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- Massachusetts Development Finance Agency
- National Rural Utilities Cooperative Finance Corp.
- American Express Co.
- BOK Financial Corp.
- Bank of Hawaii Corp.
- Bank of New York Mellon Corp.
- Bank of North Dakota
- Deutsche Bank Trust Corp.
- H&R Block Inc.
- CIT Group Inc.
- Comerica Inc.
- Commerce Bancshares Inc.
- Credit Foncier de France
- Springleaf Finance Corp.
- Regions Financial Corp.
- BancWest Corp.
- Wachovia Corporation
- Ford Motor Credit Co. LLC
- Signature Group Holdings Inc.
- General Electric Capital Corp.
- Ally Financial Inc.
- Leucadia National Corp.
- HSBC USA Inc.
- Merrill Lynch & Co. Inc.
- HSBC Bank PLC
- Bank of America Corp.
- National City Corp.
- National Westminster Bank PLC
- Northern Trust Corp.
- Wells Fargo & Co.
- PNC Financial Services Group
- PACCAR Financial Corp.
- Private Export Funding Corp.
- Royal Bank of Canada
- State Street Corp.
- Toronto-Dominion Bank
- UMB Financial Corp.
- U.S. Trust Co. of New York
- Zions Bancorporation
- Australia and New Zealand Banking Group Ltd.
- BNP Paribas
- Bear Stearns Cos. LLC
- BBVA Compass Bancshares, Inc.
- JPMorgan Chase Bank N.A.
- Credit Lyonnais
- Eksportfinans ASA
- First Horizon National Corp.
- Huntington Bancshares Inc.
- HSBC Bank USA N.A.
- The Royal Bank of Scotland PLC
- Skandinaviska Enskilda Banken AB (publ)
- Societe Generale
- Textron Financial Corp.
- Westpac Banking Corp.
- Fannie Mae
- Barclays Bank PLC
- Bayerische Landesbank
- Commonwealth Bank of Australia
- U.S. Bancorp
- First Tennessee Bank N.A. Memphis
- Manufacturers & Traders Trust Co.
- National City Bank, Cleveland, OH
- Zions First National Bank, Salt Lake City, UT
- Credit Agricole Corporate and Investment Bank
- Canadian Imperial Bank of Commerce
- Fifth Third Bancorp
- KeyBank N.A.
- BB&T Corp.
- Caisse des Depots et Consignations
- SunTrust Banks Inc.
- Daiwa Securities Group Inc.
- Commerzbank AG
- Korea Exchange Bank
- Pohjola Bank PLC
- National Bank of Canada
- Rabobank Australia Ltd.
- Credit Agricole S.A.
- Natixis S.A.
- Deutsche Bank AG
- Downey S&L Assn.
- Dresdner Bank AG
- National Australia Bank Ltd.
- The Royal Bank of Scotland N.V.
- Bank of Montreal
- Danske Bank A/S
- General Electric Capital Services Inc.
- Norddeutsche Landesbank Girozentrale (Unsolicited Ratings)
- Danske Bank PLC
- State Street Bank and Trust Co., Boston, MA
- Swedbank AB
- Nordea Bank Finland PLC
- Synovus Bank
- Compass Bank
- Bank of New Zealand
- KeyCorp
- Norinchukin Bank
- Bank of Ireland
- Nomura Securities Co. Ltd.
- Credit Industriel et Commercial
- BNY Mellon N.A.
- Caisse centrale Desjardins
- Svenska Handelsbanken AB
- Federal Home Loan Bank of San Francisco
- Lehman Brothers Holdings Inc.
- Morgan Stanley
- M&I Marshall & Ilsley Bank
- Gulf International Bank B.S.C.
- First-Citizens Bank & Trust Co.
- Banque Federale des Banques Populaires
- Federal Home Loan Bank of Boston
- Mitsubishi UFJ Trust and Banking Corp.
- Federal Home Loan Bank of Des Moines
- Royal Trust Corp. of Canada
- National Bank of Kuwait S.A.K.
- First National Bank of Omaha
- UniCredit SpA
- Banca Toscana SpA
- Western Corporate Federal Credit Union
- Federal Home Loan Bank of Atlanta
- Federal Home Loan Bank of Chicago
- Federal Home Loan Bank of New York
- Old National Bancorp (Unsolicited Ratings)
- RBC Centura Bank
- Southwest Corporate Federal Credit Union
- BancorpSouth Bank
- Edison Funding Co.
- Rabohypotheekbank N.V.
- Countrywide Financial Corp.
- Federal Home Loan Bank of Cincinnati
- Federal Home Loan Bank of Seattle
- Legg Mason Inc.
- Central Corporate Credit Union
- Standard Chartered Bank
- Arab Banking Corp. B.S.C.
- Federal Home Loan Bank of Indianapolis
- State Bank of India
- Allied Irish Banks PLC
- JPMorgan Chase & Co.
- Credit Agricole CIB Australia Ltd.
- 3i Group PLC
- Bank of the West
- Federal Home Loan Bank of Topeka
- 3i PLC
- Commerzbank International S.A.
- National Consumer Cooperative Bank
- Alliance & Leicester PLC
- DIAC S.A.
- American Savings Bank FSB Honolulu HI
- Citigroup Inc.
- Dexia Crediop SpA
- HSBC Holdings Luxembourg S.A.
- Credit Logement
- Federal Home Loan Bank of Dallas
- Credit Suisse AG
- Raiffeisen Zentralbank Oesterreich AG
- BancorpSouth Inc.
- General Mortgage Bank of Sweden (Sveriges Allmanna Hypoteksbank)
- Banque Federative du Credit Mutuel
- TCF National Bank
- Credit Suisse Holdings (USA) Inc.
- Nomura Bank International PLC
- Britannia Building Society
- Ellco Leasing Corp.
- MUFG Americas Holdings Corporation
- Discover Bank
- HSBC Bank Canada
- ING Bank N.V.
- Credit Suisse International
- Yorkshire Building Society
- NRAM PLC
- Banque et Caisse d'Epargne de l'Etat, Luxembourg
- Macquarie Bank Ltd.
- Synovus Financial Corp.
- The Goldman Sachs Group Inc.
- Bank of Western Australia Ltd.
- Caixa Geral de Depositos S.A.
- 3i Holdings PLC
- Bankinter S.A.
- TCF Financial Corp.
- Southeast Corporate Federal Credit Union
- Arcadia Financial Ltd.
- Visa International Service Assn.
- Credit du Nord S.A.
- Santander Holdings U.S.A Inc.
- Doral Financial Corp.
- HSBC Holdings PLC
- DekaBank Deutsche Girozentrale
- Credit Municipal de Paris
- Banque de Financement et de Tresorerie
- NIBC Bank N.V.
- Cofidis S.A.
- Banque Martin Maurel
- Caisse Centrale du Credit Mutuel
- Compagnie Financiere du Credit Mutuel
- Freddie Mac
- Franfinance
- Options Clearing Corp.
- Banque Kolb S.A.
- SunCorp Corporate Credit Union
- Caisse Centrale de Reescompte
- Webster Financial Corp.
- Deutsche Bank Luxembourg S.A.
- Citibank International Ltd.
- Banco de Sabadell S.A.
- Takefuji Corp.
- Suncorp-Metway Ltd.
- FCE Bank PLC
- Esanda Finance Corp. Ltd.
- Citigroup Global Markets Holdings Inc.
- Credipar
- Bank of China Ltd.
- Banco de Credito Local de Espana S.A.
- Lloyds Bank PLC
- DBS Bank Ltd.
- Banca Monte dei Paschi di Siena SpA
- Dexia Credit Local
- Hitachi Capital Corp.
- Banco Popular de Puerto Rico
- UniCredit Bank Austria AG
- Nykredit Realkredit A/S
- Banco Santander S.A.
- Caja de Ahorros y Monte de Piedad de Madrid
- Wheels Inc.
- Santander UK PLC
- Jefferies Group LLC
- Bradford & Bingley PLC
- Credit Suisse Group AG
- Nationwide Building Society
- Caisses d'Epargne Participations
- Fundacion Bancaria Caja de Ahorros y Pensiones de Barcelona (Unsolicited Ratings)
- BNP Paribas Personal Finance
- CA Consumer Finance
- Banque Tarneaud S.A.
- Charles Schwab Corp.
- Charles Schwab & Co. Inc.
- Socram Banque
- Eastern Corporate Federal Credit Union
- CITIC Group Corp.
- People's United Bank
- T.C. Ziraat Bankasi A.S.
- Federal Home Loan Bank of Pittsburgh
- Bank of Queensland Ltd.
- HSBC Bank Australia Ltd.
- Adelaide Bank Ltd.
- Eaton Vance Corp.
- ASB Bank Ltd.
- St.George Bank Ltd.
- Locindus S.A.
- Ulster Bank Ltd.
- ING Bank (Australia) Ltd.
- OMX AB
- Schroders PLC
- Turkiye Garanti Bankasi A.S.
- Caisse Centrale du Credit Immobilier de France
- Compagnie Monegasque de Banque SAM
- HSBC Private Bank (Suisse) S.A.
- Capital One Financial Corp.
- Susquehanna Bancshares Inc.
- Franklin Resources Inc.
- Washington Mutual, Inc.
- FirstBank Puerto Rico
- KASIKORNBANK PCL
- FirstMerit Corp.
- Downey Financial Corp.
- J.P. Morgan Clearing Corp.
- Sanyo Shinpan Finance Co. Ltd.
- Credit Foncier et Communal d'Alsace et de Lorraine-Banque
- Oversea-Chinese Banking Corp. Ltd.
- Krung Thai Bank Public Co. Ltd.
- Bank of Ayudhya Public Co. Ltd.
- Samba Financial Group
- Riyad Bank
- The Saudi British Bank
- Banco Bradesco S.A.
- Kookmin Bank
- Alpha Bank A.E.
- Emporiki Bank of Greece S.A.
- Gulf Investment Corporation G.S.C.
- Bank Handlowy w Warszawie S.A. (Unsolicited Ratings)
- Bank Leumi le-Israel B.M.
- Israel Discount Bank Ltd.
- Bank Hapoalim B.M.
- Corporate One Federal Credit Union
- Valley National Bancorp
- Bendigo and Adelaide Bank Ltd.
- National Bank of Dubai
- Emirates Bank International PJSC
- National Bank of Abu Dhabi
- Mashreqbank
- Nederlandse Waterschapsbank N.V.
- Foothill Capital Corp.
- CBFC Ltd.
- ANZ Bank New Zealand Ltd.
- Bank of N.T. Butterfield & Son Ltd.
- Helaba Dublin Landesbank Hessen-Thueringen International
- Corporate Central Credit Union
- Intesa Sanpaolo SpA
- Bangkok Bank Public Co. Ltd.
- S&T Bank
- Morgan Stanley Bank AG
- New York Mercantile Exchange Inc.
- Volkswagen Financial Services AG
- Capital Desjardins Inc.
- Stadshypotek AB
- Bank of Taiwan
- BRED - Banque Populaire
- PT Bank CIMB Niaga Tbk. (Unsolicited Ratings)
- Banco de Chile
- The National Commercial Bank
- Arab National Bank
- Shinhan Bank
- Metropolitan Bank & Trust Co. (Unsolicited Ratings)
- Philippine National Bank
- Rizal Commercial Banking Corp.
- Bank of India
- Canara Bank (Unsolicited Ratings)
- National Bank of Greece S.A.
- Turkiye Is Bankasi AS
- Turkiye Vakiflar Bankasi TAO
- CTBC Bank Co. Ltd.
- Banco de Credito del Peru
- Standard Bank of South Africa Ltd. (Unsolicited Ratings)
- Komercni Banka A.S.
- OTP Bank PLC
- K&H Bank (Unsolicited Ratings)
- Absa Bank Ltd. (Unsolicited Ratings)
- Tatra Banka
- Banco Hipotecario S.A.
- Industrial Bank of Korea
- DZ BANK AG Deutsche Zentral-Genossenschaftsbank
- Wachovia Mortgage FSB
- Astoria Financial Corp.
- LGT Bank AG
- Capital One N.A.
- Hypothekenbank in Essen AG
- Citizens Republic Bancorp Inc.
- Abu Dhabi Commercial Bank
- Kazkommertsbank JSC
- Central-European International Bank Ltd. (Unsolicited Ratings)
- Itau Unibanco Holding S.A.
- Banco Popular Espanol S.A.
- Federal Reserve System (Unsolicited Ratings)
- Caja de Ahorros del Mediterraneo
- Banco Pastor, S.A.
- OCWEN Financial Corp.
- PT Bank Negara Indonesia (Persero) Tbk.
- Landshypotek Bank AB
- Astoria Bank
- Dollar Financial Group Inc.
- First Commercial Bank Ltd.
- Slovenska Sporitelna A.S. (Unsolicited Ratings)
- Commerzbank Europe (Ireland)
- Banco BPI S.A.
- Banco Portugues de Investimento S.A.
- Ceska Sporitelna A.S.
- Taiwan Cooperative Bank Ltd.
- Colonial BancGroup Inc.
- Banca Carige SpA
- General Motors Financial Co. Inc.
- Cullen/Frost Bankers Inc.
- BBVA Banco Continental
- Banca Popolare di Milano SCRL
- Whitney National Bank
- Aljba Alliance
- Banco Santander-Chile S.A.
- Banca Agricola Mantovana SpA
- National Bank of Egypt
- City National Corp.
- Credit Suisse (International) Holding AG
- Halyk Savings Bank of Kazakhstan
- Blom Bank sal
- NCT Trust and Banking Corp.
- LNR Property LLC
- Caja de Ahorros y Monte de Piedad de Gipuzkoa y San Sebastian (Kutxa)
- Caja de Ahorros y Monte de Piedad de Zaragoza Aragon y Rioja (IBERCAJA)
- KBC Bank N.V.
- UBS AG
- Erste Group Bank AG
- China Development Industrial Bank
- Banco Patagonia S.A.
- Landeskreditbank Baden-Wuerttemberg - Foerderbank (L-Bank)
- Deutsche Apotheker- und Aerztebank eG
- Powszechna Kasa Oszczednosci Bank Polski S.A.
- Kredyt Bank S.A. (Unsolicited Ratings)
- Thornburg Mortgage Inc.
- Woori Bank
- Banque Misr
- Banque Marocaine du Commerce Exterieur (Unsolicited Ratings)
- Mediobanca SpA
- Shinkin Central Bank
- Wuestenrot & Wuerttembergische AG
- Aiful Corp.
- Master Trust Bank of Japan Ltd.
- Allied Capital Corp.
- Wilmington Trust Corp.
- CBRE Services Inc.
- Commercial International Bank (Egypt) S.A.E.
- DZ Bank Ireland PLC
- DZ PRIVATBANK S.A.
- Arab Tunisian Bank
- Banque de l'Habitat
- Societe Tunisienne de Banque (Unsolicited Ratings)
- Commercial Bank of Kuwait
- AMP Bank Ltd.
- Security Capital Group Inc.
- Permanent TSB PLC
- BHW Bausparkasse AG Hameln
- Deutsche Genossenschafts-Hypothekenbank AG
- ACOM Co. Ltd.
- Landesbank Baden-Wuerttemberg
- Banque Centrale Populaire
- Qatar National Bank ALAHLI S.A.E (Unsolicited Ratings)
- Nordea Hypotek AB
- Fremont Investment & Loan
- Cedyna Financial Corp.
- BankMuscat S.A.O.G.
- Banca Fideuram
- Volkswagen Bank GmbH
- Wide Bay Australia Ltd.
- BlackRock Inc.
- LaBranche & Co Inc.
- Nova Kreditna Banka Maribor d.d. (Unsolicited Ratings)
- TD AMERITRADE Holding Corp.
- Burgan Bank
- ING Bank Mexico S.A.
- iStar Financial Inc.
- Piraeus Bank S.A.
- Oberoesterreichische Landesbank AG
- Bank for Foreign Trade of Vietnam
- United Bulgarian Bank AD
- Land Bank of Taiwan
- Sky Bank
- Chuo Mitsui Trust & Banking Co. Ltd.
- Power Corp. of Canada
- Hypothekenbank Frankfurt International S.A.
- Nelnet Inc.
- E*TRADE Financial Corp.
- E*TRADE Bank
- Yuanta Commercial Bank
- Navient LLC.
- Santander Bank, N.A.
- NIS Group Co. Ltd.
- Standard Life Bank PLC
- Ageas SA/NV
- Ageas N.V.
- FirstRand Bank Ltd.
- Irish Bank Resolution Corporation Limited
- Associated Banc Corp.
- Cassa di Risparmio in Bologna SpA
- KBC Group N.V.
- Volkswagen Finans Sverige AB
- Iccrea BancaImpresa SpA
- Municipal Bank A.D.
- Hypo Pfandbrief Bank International S.A.
- Hipotecaria Su Casita S.A. de C.V. SOFOM E.N.R.
- Aargauische Kantonalbank
- JSC AsiaCredit Bank
- Medical Securities Ltd.
- SNS Bank N.V.
- Groupama Banque
- Euroclear Bank S.A.
- Millennium Partners L.P.
- Commercial Bank Petrocommerce OJSC
- Waddell & Reed Financial Inc.
- BANA Holding Corp
- Achmea Bank N.V.
- Affiliated Managers Group Inc.
- Nordea Bank AB
- Santander BanCorp.
- Findomestic Banca SpA
- Discover Financial Services Inc.
- Laurentian Bank of Canada
- IGM Financial Inc.
- Banco do Brasil S.A
- The Depository Trust Company
- National Commercial Bank Jamaica Ltd.
- Yapi ve Kredi Bankasi A.S.
- Lantbrukskredit AB
- HSBC Private Banking Holdings (Suisse) S.A.
- Norddeutsche Landesbank Luxembourg S.A. (Unsolicited Ratings)
- Jyske Bank A/S
- Dundee Corporation
- Neuberger Berman Inc.
- AgFirst Farm Credit Bank
- Standard Chartered PLC
- Janus Capital Group Inc.
- Banca di Bologna
- IBG LLC
- First Corporate Credit Union
- First Citizens Bank Ltd.
- Basler Kantonalbank
- Dubai Islamic Bank
- Credomatic International Corp.
- Bank of North Georgia
- Compagnie Europeenne de Garanties et Cautions
- Daiwa Securities Capital Markets Co. Ltd.
- SMBC Consumer Finance Co. Ltd.
- Erste Europaeische Pfandbrief- und Kommunalkreditbank AG
- International Industrial Bank
- Bank SinoPac
- LBBW Dublin Management GmbH
- Central 1 Credit Union
- Banque Cantonale Vaudoise
- American Capital Ltd.
- National Securities Clearing Corporation
- Mercantile Investment Trust PLC (The)
- Morgan Stanley Bank N.A.
- Sumitomo Mitsui Banking Corp.
- The Bank of New York Mellon (Luxembourg) S.A.
- Schwyzer Kantonalbank
- Migros Bank
- Renaissance Capital Holdings Ltd.
- UniCredit Leasing SpA
- Sony Bank Inc.
- Cassa di Risparmio di Cento SpA
- HBOS PLC
- Nomura Holdings Inc.
- Citigroup Overseas Holdings Inc.
- Ulster Bank Ireland Ltd.
- Rabobank New Zealand Ltd.
- JPMorgan Securities Japan Co. Ltd.
- Iccrea Banca SpA
- BAC Bahamas Bank
- Nuveen Investments Inc.
- Basellandschaftliche Kantonalbank
- UDC Finance Ltd.
- Deutsche Postbank AG
- TSB Bank Ltd.
- New York Community Bank
- Graubuendner Kantonalbank
- Russian Standard Bank JSC
- Banco Bilbao Vizcaya Argentaria Puerto Rico
- F. van Lanschot Bankiers N.V.
- International Bank of Saint-Petersburg
- Confederacion Espanola de Cajas de Ahorros
- NTT Finance Corp.
- Banque Accord
- Mitsubishi UFJ Financial Group Inc.
- Greater Building Society Ltd.
- Nacional Monte de Piedad I.A.P.
- HSH Nordbank AG
- Shinhan Card Co. Ltd.
- Kiwibank Ltd.
- MDM Bank (pre-merger)
- Bank of China (Hong Kong) Ltd.
- Fubon Financial Holding Co. Ltd.
- Hyundai Capital Services Inc.
- Greater Bay Bancorp
- Mizuho Bank Ltd.(Old)
- Centro Leasing Banca SpA
- New York Community Bancorp Inc.
- CTBC Financial Holding Co. Ltd.
- Gulf Bank
- Lloyds Banking Group PLC
- Luzerner Kantonalbank
- Canadian Derivatives Clearing Corp.
- UBS Ltd.
- Caja de Ahorros de Valencia, Castellon y Alicante
- St.George Bank New Zealand Ltd.
- Barclays Private Clients International Ltd.
- Nurbank JSC
- Trustmark Corp.
- UniCredit Luxembourg S.A.
- Chittenden Corp
- Cathay Financial Holding Co. Ltd.
- China Development Financial Holding Corp.
- Caisse de depot et placement du Quebec
- Asigna Compensacion y Liquidacion
- Capmark Financial Group Inc.
- Santander Consumer Finance S.A.
- Khanty-Mansiysk Bank Otkritie
- Istituto per il Credito Sportivo
- Mizuho Financial Group Inc.
- Bank Soyuz
- Societe Generale Bank & Trust
- European Trust Bank
- Cooperativa Del Personal de La Universidad de Chile Ltda-Coopeuch Ltda
- First Midwest Bancorp Inc.
- ATF Bank
- TD Bank N.A.
- Surgutneftegasbank
- Discount Bank Latin America S.A.
- Bank of America Merrill Lynch International Limited
- TransCreditBank
- Hana Bank
- Banco Internacional de Costa Rica S.A.
- Sumitomo Mitsui Banking Corp. Europe Ltd.
- Raymond James Financial Inc.
- EAA Covered Bond Bank Public Ltd Co.
- IMB Ltd.
- Instituto Para La Proteccion al Ahorro Bancario
- Tsesnabank
- Iccrea Holding SpA
- Gazprombank
- UniCredit Corporate Banking SpA
- Wing Hang Bank Ltd. (Unsolicited Ratings)
- Sumitomo Mitsui Financial Group Inc.
- SVB Financial Group
- Crediveneto Credito Cooperativo SCRL
- OFG Bancorp
- Al Ahli Bank of Kuwait
- Argenta Spaarbank N.V.
- Newcastle Permanent Building Society Ltd.
- Republic Bank Ltd.
- ACE Cash Express Inc.
- First Financial Holding Co. Ltd.
- MoneyGram International
- Countrywide Bank FSB
- Eurofidi Scpa
- AIB Group (U.K.) PLC
- Asociacion de Empleados del Estado Libre Asociado de Puerto Rico
- Banco Security
- Rural Bank Ltd.
- GSCP (NJ) L.P.
- ShinGinko Tokyo Ltd.
- Banco Santander Totta S.A.
- Suhyup Bank
- Vision Banco S.A.E.C.A.
- CITIC International Financial Holdings Ltd. (Unsolicited Ratings)
- Credito Trevigiano Banca di Credito Cooperativo
- Banca Padovana Credito Cooperativo S.C.
- Rusfinance Bank
- Ural Bank for Reconstruction and Development
- Rosbank OJSC JSCB
- Trust & Custody Services Bank Ltd.
- Banco Espirito Santo de Investimento S.A.
- Icahn Enterprises L.P.
- Banca Akros SpA
- CentroCredit Bank JSC
- E-L Financial Corp. Ltd.
- Kuwait Finance House
- Corpbanca S.A.
- BTA Ipoteka Mortgage Co.
- Local Government Financial Services Pty Ltd.
- Kreissparkasse Miesbach-Tegernsee
- Qatar National Bank
- Banque Cantonale de Geneve
- Fixed Income Clearing Corp.
- CMP-Banque
- Alliance Bank JSC
- Home Building Society Ltd.
- JSC Eurasian Bank
- Morgan Stanley Bank International Ltd.
- The International Banking Corp.
- Home Capital Group Inc.
- Saxon Capital Inc.
- Storebrand Bank ASA
- J.G. Wentworth LLC
- Westpac Europe Ltd.
- Promsvyazbank OJSC
- Magyar Takarekszovetkezeti Bank ZRt.
- Macquarie International Finance Ltd.
- Manulife Bank of Canada
- HSBC Private Bank (Monaco) S.A.
- Challenger Ltd.
- Banca Aletti & C. SpA
- Euronext N.V.
- VP Bank AG
- Cassa di Risparmio della Provincia di Teramo SpA
- Bank of South Pacific Ltd.
- Deutsche Bausparkasse Badenia AG
- BMI Bank B.S.C.
- Public Sector Pension Investment Board
- Banque Saudi Fransi
- Glitnir Bank
- Rail Leasing
- Investment Company Veles Capital LLC
- CME Group Inc.
- DriveTime Automotive Group Inc.
- Barclays Bank Ireland PLC
- Deutsche Securities Inc.
- The Commercial Bank of Qatar
- Shamil Bank of Bahrain
- SOTSGORBANK
- PJSC KREDOBANK
- Sharjah Islamic Bank
- BNP Paribas Personal Finance EAD
- Fiji Development Bank
- Peach Holdings Inc.
- F&C Asset Management PLC
- Banco Industrial e Comercial S.A.
- OMFinancial Ltd.
- First Bank of Nigeria PLC
- Banque Jacob Safra (Suisse) S.A.
- Standard Chartered Bank (China) Ltd.
- Clydesdale Bank PLC
- Triad Financial Corp.
- GFNZ Group Ltd.
- AXA Bank Europe S.A.
- LPL Holdings Inc.
- National Factoring Co.
- Coface Finanz GmbH
- The Saudi Investment Bank
- Gulf Finance House
- National Wealth Management Holdings Ltd.
- Banco BAC de Panama S.A.
- Banco Pine S.A.
- Arcapita Bank
- HSBC Bank A.S.
- Banca Mifel S.A.
- Temirbank JSC
- Guaranty Trust Bank PLC
- RBC Investor Services Ltd.
- Marfin Popular Bank Public Co. Ltd.
- Bankas Snoras
- Bank of Georgia
- Chrysler Financial Services Americas LLC
- KazInvestBank
- South Canterbury Finance Ltd.
- Primus Guaranty Ltd.
- Arab Bank PLC (Bahrain)
- Euronet Worldwide Inc.
- CapitalSource Inc.
- LCH.Clearnet Group Ltd.
- Krayinvestbank
- Citibank Japan Ltd.
- Equitable Mortgages Ltd.
- Babcock & Brown International Pty Ltd.
- Angas Securities Ltd.
- Syndicate Bank
- Banco G & T Continental S.A.
- Westpac New Zealand Ltd.
- GP Investments Ltd.
- Hyundai Card Co. Ltd.
- Arab Bank PLC (Cyprus)
- Arab Bank PLC (Dubai)
- Europe Arab Bank PLC
- Arab Bank PLC (Qatar)
- Arab Bank PLC
- AKTIVBANK AG
- Asset Acceptance Capital Corp.
- Banco IBI S.A. - Banco Multiplo
- AB Ukio Bankas
- CommBank Europe Ltd.
- Bayerische Landesbodenkreditanstalt
- Marsico Parent Holdco LLC
- Doha Bank Q.S.C.
- Nadra Bank
- Co-operative Bank (The)
- ORDA Credit
- Broadridge Financial Solutions Inc.
- HDFC Bank Ltd.
- Hang Seng Bank (China) Limited
- MF Global Holdings Ltd.
- Banca Nazionale del Lavoro SpA
- Banca IMI SpA
- Marshall & Ilsley Corp.
- Zenith Bank PLC
- mecu Ltd.
- Allianz Banque
- Deerfield Triarc Capital Corp.
- Intercontinental Bank PLC
- Mizuho Bank (China) Ltd.
- Barclays PLC
- The Bank of East Asia (China) Limited
- UBS Commodities Canada Ltd.
- RAC Finance Ltd.

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