U.S. Financial Regulations: Positive Change Amid Uncertainty And Missed Opportunities Aug 10
Standard & Poors, August 2010
Abstract
Regulatory changes have a long history of altering the behavior of capital market participants. But it's been roughly three generations since U.S. lawmakers imposed new financial regulations as sweeping as those in the Dodd-Frank Wall Street Reform and Consumer Protection Act, which President Barack Obama signed into law on July 21. Standard & Poor's Ratings Services believes the new law is likely to transform the way many parts of the U.S. capital markets operate and may also have global implications. Although many of the legislative intentions are clear and the likely outcomes straightforward enough to assess, the Act may also, in our view, have some unintended consequences. Standard & Poor's believes that on the whole, Dodd-Frank creates an improved framework...
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.
- Massachusetts Development Finance Agency
- Nellie Mae Corp.
- National Rural Utilities Cooperative Finance Corp.
- American Express Co.
- American Express Credit Corp.
- AmSouth Bancorp.
- Washington Mutual Finance Corp.
- BOK Financial Corp.
- Bank of Hawaii Corp.
- Bank of New York Mellon Corp.
- Bank of North Dakota
- Deutsche Bank Trust Corp.
- Beneficial Company LLC
- CIT Group Inc.
- Chrysler Financial Services Americas LLC
- Citicorp
- Comerica Inc.
- Commerce Bancshares Inc.
- CitiFinancial Credit Corp.
- Springleaf Finance Corp.
- John Deere Capital Corp.
- Downey S&L Assn.
- Regions Financial Corp.
- BancWest Corp.
- National City Bank Kentucky
- Wachovia Corporation
- Ford Motor Credit Co. LLC
- Fremont General Corp.
- General Electric Capital Corp.
- Ally Financial Inc.
- BMO Bankcorp Inc.
- IBM Credit Corp.
- ITT Financial Corp.
- Leucadia National Corp.
- MGIC Investment Corp. (Unsolicited Ratings)
- HSBC USA Inc.
- M&I LLC
- Boeing Capital Corp.
- Mellon Funding Corp.
- Mercantile Bankshares Corp.
- Merrill Lynch & Co. Inc.
- Bank of America Corp.
- National City Corp.
- Nissan Motor Acceptance Corp.
- Nordstrom Credit Inc.
- Northern Trust Corp.
- Wells Fargo & Co.
- Wells Fargo Financial Inc.
- PNC Financial Services Group
- PNC Funding Corp.
- PACCAR Financial Corp.
- Sears Roebuck Acceptance Corp.
- State Street Corp.
- UMB Financial Corp.
- U.S. Leasing Corp.
- U.S. Trust Co. of New York
- SunTrust Bank Holding Co.
- Washington Mutual Bank, Seattle
- WFC Holdings Corp.
- Westinghouse Credit Corp.
- Xerox Credit Corp.
- Zions Bancorporation
- American Honda Finance Corp.
- AmSouth Bank, Birmingham, AL
- Deutsche Bank Trust Company Americas
- Bear Stearns Cos. LLC
- BBVA USA Bancshares Inc.
- JPMorgan Chase Bank N.A.
- Citibank N.A.
- Commerce Bank N.A.
- Countrywide Home Loans Inc.
- Dresdner U.S. Finance Inc.
- Citibank (West) FSB
- First Horizon National Corp.
- Fleet National Bank
- General Electric Capital Services Inc.
- Genworth Mortgage Insurance Corp.
- Goldman Sachs & Co.
- Government Development Bank for Puerto Rico
- Hewlett-Packard Finance Co.
- Huntington Bancshares Inc.
- HSBC Bank USA N.A.
- Mellon Financial Corp.
- Municipal Bond Insurance Assn.
- BNP Paribas Finance Inc.
- EntreCap Financial LLC
- PNC Bank, National Association
- PMI Mortgage Insurance Co.
- Republic Mortgage Insurance Co. (Unsolicited Ratings)
- Riggs National Corp.
- Lehman Brothers Inc.
- Societe Generale N.A. Inc.
- SouthTrust Corp.
- State Street Bank and Trust Co., Boston, MA
- Textron Financial Corp.
- Toronto-Dominion Holdings USA Inc.
- Toyota Motor Credit Corp.
- U.S. Central Federal Credit Union
- Mercantile Safe Deposit & Trust Co., Baltimore, MD
- Fannie Mae
- Union Bank N.A.
- Riggs Bank, N.A.
- Wells Fargo Bank Northwest NA
- U.S. Bancorp
- Wilmington Trust Co. DE
- First Tennessee Bank N.A. Memphis
- Fifth Third Bank Michigan
- BMO Harris Bank National Assn.
- Fifth Third Bank, Cincinnati, OH
- Synovus Bank
- Wells Fargo Bank N.A.
- Regions Bank
- Compass Bank
- Manufacturers & Traders Trust Co.
- LaSalle Bank N.A.
- Fort Wayne National Bank, Fort Wayne, IN
- National City Bank, Cleveland, OH
- Comerica Bank
- Zions First National Bank, Salt Lake City, UT
- BOKF N.A.
- Bank of Hawaii, Honolulu
- Bank of New York Mellon (The)
- Caterpillar Financial Services Corp.
- Citibank (South Dakota) N.A. Sioux Falls
- Calyon North America Inc.
- Fifth Third Bancorp
- First Virginia Bank, Falls Church
- Huntington National Bank
- Bank of America N.A.
- PHH Corp.
- KeyBank N.A.
- BB&T Corp.
- SunTrust Bank
- UMB Bank N.A.
- Citigroup Global Markets Inc.
- Panasonic Finance (America) Inc.
- UBS AG (NY Branch)
- SunTrust Banks Inc.
- KeyCorp
- Assured Guaranty Municipal Corp.
- BNY Mellon N.A.
- Navistar Financial Corp.
- Heller Financial Inc.
- UBS Americas Inc.
- Federal Home Loan Bank of San Francisco
- Lehman Brothers Holdings Inc.
- Morgan Stanley
- Advanta Corp
- El Paso Energy Credit Corp.
- The Northern Trust Co.
- M&I Marshall & Ilsley Bank
- Golden West Financial Corp., Oakland, CA
- Dana Credit Corp.
- SouthTrust Bank
- Union Planters Bank N.A.
- American Express Bank Ltd.
- MBIA Insurance Corp.
- Colonial Bank
- AIG Capital Corp.
- First-Citizens Bank & Trust Co.
- Federal Home Loan Bank of Boston
- Federal Home Loan Bank of Des Moines
- Teco Finance Inc.
- First National Bank of Omaha
- First Hawaiian Bank
- BNY Mellon Trust of Delaware
- Banco Santander Puerto Rico
- Western Corporate Federal Credit Union
- Federal Home Loan Bank of Atlanta
- Federal Home Loan Bank of Chicago
- Federal Home Loan Bank of New York
- MGIC Mortgage Insurance Corp.
- Old National Bancorp (Unsolicited Ratings)
- Old National Bank
- RBC Centura Bank
- Southwest Corporate Federal Credit Union
- CitiMortgage Inc.
- BancorpSouth Bank
- SMBC Capital Markets Inc.
- Countrywide Financial Corp.
- Federal Home Loan Bank of Cincinnati
- Federal Home Loan Bank of Seattle
- Legg Mason Inc.
- California Housing Loan Insurance Fund
- Banco Popular de Puerto Rico
- Frost Bank
- AIG Financial Products Corp.
- Central Corporate Credit Union
- Chase Bank U.S. N.A.
- USAA Capital Corp.
- LaSalle Bank Midwest N.A.
- National City Bank, Indiana
- Federal Home Loan Bank of Indianapolis
- American Express Centurion Bank
- JPMorgan Chase & Co.
- Bank of the West
- Charter One Bank N.A.
- Provident Bank of Maryland, Baltimore,MD
- RBC Bank (U.S.A.)
- Associated Bank N.A.
- AIG Matched Funding Corp.
- Provident Bank
- National Bank of Commerce, Memphis
- Federal Home Loan Bank of Topeka
- UnitedTrust Bank
- Wells Fargo Bank Minnesota N.A.
- USG Annuity & Life Co.
- UnionBanCal Commercial Funding Corp.
- The Bank of New York Mellon Trust Co. N.A.
- American Savings Bank FSB Honolulu HI
- Citigroup Inc.
- M&T Bank Corp.
- Deutsche Bank Trust Company Delaware
- Federal Home Loan Bank of Dallas
- Wheels Inc.
- Santander Central Hispano Finance (Delaware) Inc.
- Jefferies Group LLC
- BancorpSouth Inc.
- Ameritech Capital Funding Corp.
- Bombardier Capital Inc.
- TCF National Bank
- Credit Suisse Holdings (USA) Inc.
- Genworth Residential Mortgage Insurance Corp. of North Carolina
- FIA Card Services N.A.
- Capita Corporation
- UnionBanCal Corp.
- Discover Bank
- Bank of America N.A. (USA)
- Nissan Capital of America Inc.
- Synovus Financial Corp.
- HSBC Finance Corp.
- Hitachi Capital America Corp.
- The Goldman Sachs Group Inc.
- PNC Bank, Delaware
- MEC Finance USA Inc.
- AllianceBernstein L.P.
- AGC Capital Inc.
- Banesto (DE) Inc.
- Household Global Funding Inc.
- U.S. Bank National Association, ND
- IBM International Finance N.V.
- Popular Inc.
- Associates First Capital Corp.
- Prudential Annuities Life Assurance Corp.
- Western Financial Bank
- TCF Financial Corp.
- Southeast Corporate Federal Credit Union
- Popular North America Inc.
- Commercial Federal Corporation
- Arcadia Financial Ltd.
- Visa International Service Assn.
- Internationale Nederlanden (U.S.) Funding Corp.
- Santander Holdings U.S.A Inc.
- Doral Financial Corp.
- GE Capital Australia Ltd.
- Union Tank Car Co. 1992-A Pass Through Trusts
- MBNA Corp.
- Bank United
- Freddie Mac
- CommoLoCo Inc.
- WestLB Finance USA Inc.
- Hudson United Bank
- Fifth Third Bank of Northwestern, Ohio N.A. Toledo
- Citi Swapco Inc.
- Popular International Bank Inc.
- Options Clearing Corp.
- SunCorp Corporate Credit Union
- PAULA Insurance Co.
- Webster Financial Corp.
- Webster Bank N.A.
- Charles Schwab Corp.
- Charles Schwab & Co. Inc.
- FirstMerit Bank N.A.
- Goldman Sachs Mitsui Marine Derivative Products L.P.
- Citigroup Global Markets Holdings Inc.
- Eaton Vance Management
- Morgan Stanley Finance PLC
- AXA Financial Inc.
- People's United Bank
- Harley-Davidson Financial Services
- Federal Home Loan Bank of Pittsburgh
- Morgan Stanley Derivative Products Inc.
- Lehman Brothers Financial Products Inc.
- Eaton Vance Corp.
- First Security Bank of New Mexico, N.A.
- Foothill Capital Corp.
- Merrill Lynch International (Australia) Ltd.
- IOS Capital LLC
- Cupertino National Bank
- Republic Mortgage Insurance Co. of NC (Unsolicited Ratings)
- DVI Inc.
- Bear Stearns Financial Products Inc.
- Capital One Bank (U.S.) N.A.
- Capital One Financial Corp.
- Corporate Central Credit Union
- Susquehanna Bancshares Inc.
- Franklin Resources Inc.
- Washington Mutual, Inc.
- FirstBank Puerto Rico
- Carolina First Bank
- California Commerce Bank
- FirstMerit Corp.
- Ocwen Loan Servicing LLC
- Household International Capital
- Direct Merchants Credit Card Bank, N.A.
- S&T Bank
- Downey Financial Corp.
- New York Mercantile Exchange Inc.
- J.P. Morgan Clearing Corp.
- Bank One, West Virginia, N.A.
- Harley-Davidson Credit Corp.
- Branch Banking & Trust Co. of South Carolina
- Bear Stearns Trading Risk Management Inc.
- Key Bank U.S.A. N.A.
- Homeside Lending Inc.
- AIG-FP Matched Funding Corp.
- Corporate One Federal Credit Union
- Valley National Bancorp
- Valley National Bank
- HSBC Bank Nevada N.A.
- Fifth Third Bank (The)
- Fifth Third Bank of Central Ohio
- Fifth Third Bank of Indiana
- Fifth Third Bank of Kentucky, Inc. (The)
- Providian National Bank
- Providian Financial Corp.
- OCWEN Financial Corp.
- National Commerce Financial Corp.
- Banc One Capital Holdings Corp.
- CC (USA) Inc.
- Banc of America Financial Products Inc.
- Wachovia Mortgage FSB
- GreenPoint Bank
- Astoria Federal Savings & Loan
- Astoria Financial Corp.
- Dollar Financial Group Inc.
- PMI Group Inc.
- People's United Financial Inc.
- North Fork Bancorp
- Colonial BancGroup Inc.
- General Motors Financial Co. Inc.
- TD Bank US Holding Co.
- Cullen/Frost Bankers Inc.
- Capital One N.A.
- Key Equipment Finance Inc.
- Citizens Bank of Rhode Island
- Fifth Third Bank of Northern Kentucky Inc.
- Fifth Third Bank of Western Ohio
- The National Bank of South Carolina, Columbia
- First Commercial Bank, Birmingham
- Whitney National Bank
- Whitney Holding Corp.
- Citizens Bank
- Citizens Republic Bancorp Inc.
- Natixis Financial Products LLC
- Meditrust Exercisable Put Options Securities Trust
- City National Bank Beverly Hills
- City National Corp.
- Citibank (West) Bancorp Inc.
- Commerce Bank NA, Cherry Hill
- Commerce Bancorp, Inc.
- First Republic Bank
- IndyMac Bank FSB
- ACA Financial Guaranty Corp.
- Metris Cos., Inc.
- GE Financial Assurance Holdings Inc.
- Triad Guaranty Inc.
- Allied Capital Corp.
- ZCM Matched Funding Corp.
- Wilmington Trust Corp.
- Branch Banking & Trust Co. of Virginia
- Lehman Brothers Derivatives Products Inc.
- Health Net of Arizona Inc.
- United Guaranty Mortgage Indemnity Co.
- CoBank ACB
- Fremont Investment & Loan
- Banc of America Securities LLC
- FMR LLC
- SLM Corp.
- Sovereign Bank, N.A.
- Principal Financial Services Inc.
- BlackRock Inc.
- LaBranche & Co Inc.
- TD AMERITRADE Holding Corp.
- Sky Financial Group Inc.
- Radian Group Inc.
- Citizens Bank Illinois N.A.
- Associated Banc Corp.
- Associated Bank Illinois N.A.
- Charter One Financial Inc.
- Nextel Finance Co.
- Bavaria Finance Funding I LLC
- Commercial Federal Bank
- Nomura Derivative Products Inc.
- F&M Bank - Wisconsin
- F&M Bank - Iowa
- Sky Bank
- Nelnet Inc.
- E*TRADE Financial Corp.
- E*TRADE Bank
- Springleaf Finance Inc.
- Goldman Sachs Execution & Clearing L.P.
- SLK Capital Corp.
- Waddell & Reed Financial Inc.
- Advanta Bank Corp.
- BANA Holding Corp
- Zurich Capital Markets Inc.
- BMO Harris Financing Inc.
- UBS Securities LLC
- Affiliated Managers Group Inc.
- Credit Suisse (USA) Inc.
- Santander BanCorp.
- Discover Financial Services Inc.
- American Capital Ltd.
- The Depository Trust Company
- National Securities Clearing Corporation
- Dominion Fiber Ventures LLC
- Oaktree Capital Management L.P.
- Neuberger Berman Inc.
- AgFirst Farm Credit Bank
- Janus Capital Group Inc.
- IBG LLC
- First Corporate Credit Union
- GATX Financial Corp.
- Indymac Bancorp
- Bank of North Georgia
- Nuveen Investments Inc.
- Citizens Bank of Pennsylvania
- TD Bank N.A.
- Greater Bay Bancorp
- Greater Bay Bank N.A.
- Constitution Corporate Federal Credit Union
- Primus Financial Products, LLC
- M&I Bank FSB
- New York Community Bancorp Inc.
- New York Community Bank
- Trustmark Corp.
- Trustmark National Bank
- Chittenden Corp
- Banco Bilbao Vizcaya Argentaria Puerto Rico
- Associated Bank Minnesota N.A.
- Independence Community Bank
- Capmark Financial Group Inc.
- Depfa Bank PLC, New York Agency
- Southwest Bank of St. Louis
- Raymond James Financial Inc.
- Western & Southern Financial Group Inc.
- UBS Loan Finance LLC
- First Midwest Bancorp Inc.
- First Midwest Bank
- Silicon Valley Bank
- SVB Financial Group
- OFG Bancorp
- Oriental Bank
- American Express Bank FSB
- Calamos Investments, LLC
- ACE Cash Express Inc.
- South Street Securities Funding LLC
- Refco Group Ltd., LLC
- Countrywide Bank FSB
- Asociacion de Empleados del Estado Libre Asociado de Puerto Rico
- GSCP (NJ) L.P.
- Fixed Income Clearing Corp.
- Athilon Capital Corp.
- Athilon Asset Acceptance Corp.
- Sumitomo Mitsui Trust Bank (USA) Ltd.
- Citizens Bank of Connecticut
- Triad Financial Corp.
- Lazard Group LLC
- Residential Capital LLC
- RBS Citizens N.A.
- DT Acceptance Corp.
- Cardtronics Inc.
- The NASDAQ OMX Group Inc.
- Centerline Capital Group
- Clayton Holdings Inc.
- LBREP/L SunCal Master I LLC
- LPL Holdings Inc.
- CIT Bank Ltd.
- J.G. Wentworth LLC
- Ocean National Bank
- Flagship Bank and Trust
- Community Choice Financial
- CME Group Inc.
- Bankruptcy Management Solutions Inc.
- ARES Capital Corp.
- ConvergEx Group LLC
- NYSE Euronext
- AlixPartners LLP
- Chrysler Financial Services Americas LLC
- Peach Holdings Inc.
- PMI Guaranty Co.
- Wells Fargo South Central N.A.
- RiskMetrics Group Holdings LLC
- Bank of America (California) N.A.
- U.S. AgBank, FCB
- KAR Auction Services Inc.
- CapitalSource Inc.
- RPI Finance Trust dba Royalty Pharma
- LCH.Clearnet Group Ltd.
- Asset Acceptance Capital Corp.
- MF Global Holdings Ltd.
- Cengage Learning Holdings II L.P.
- U.S. Trust Company N.A.
- Deerfield Triarc Capital Corp.
- C.G. JCF Corp.
- Lehman Brothers Bank FSB
- Agribank FCB
- Moody's Corp.
- MSCI Inc.
- Marsico Parent Co. LLC
- Marshall & Ilsley Corp.
- Compass Group Diversified Holdings LLC
- Lehman Brothers Commodity Services
- Apollo Investment Corp.
- Blackstone Holdings I L.P.
- Blackstone Holdings II L.P.
- Freedom Group Inc.
- Bank of America Rhode Island N.A.
- BGC Partners Inc.
- UBS Bank USA
- Green Tree Credit Solutions LLC
- Prospect Capital Corp.
- Marsico Parent Holdco LLC
- Penney (J.C.) Funding Corp.
- Private Export Funding Corp.
- Financial Guaranty Insurance Co.
- Hibernia Corp.
- Hibernia National Bank, New Orleans, LA
- Wells Fargo Bank (Texas) N.A.
- Branch Banking & Trust Co.
- Empire Corporate Federal Credit Union
- Mellon Trust of New England N.A.
- CCBP International Inc.
- Members United Corporate Fed Credit Union
- Deutsche Bank National Trust Company
- Washington Mutual Bank
- American Residential Mortgage Corp.
- Bayerische Landesbank U.S. Finance Inc.
- Investors Bank & Trust Co.
- National City Bank of the Midwest
- Radian Mortgage Assurance Inc.
- Triad Guaranty Insurance Corp.
- Hudson United Bancorp
- Chevron Canada Finance Ltd.
- Infinity Casualty Insurance Co.
- Eastern Corporate Federal Credit Union
- Advanta National Bank
- Sun Canada Financial Co.
- Federal Reserve System (Unsolicited Ratings)
- North Fork Bank
- Citizens Bank of Massachusetts
- Citibank (West) Holdings Inc
- Fulton Financial Corp. (Unsolicited Ratings)
- Mellon 1st Business Bank
- Pemex Project Funding Master Trust
- Gamco Investors Inc.
- Independence Community Bank Corp
- HMP Equity Holdings Corp.
- Citizens Bank New Hampshire
- Ameriprise Financial Inc.
- Nightingale Acquisition LTD
- PMI Insurance Co.
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW4
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
