|
|
 |
|
Viewing report
|
|
|
|
25 Years Of Credit: Today's Golden Age In Banking Belies A Tarnished Past Feb 07
Standard & Poors, Feb 2007
Abstract
Over the past quarter century, the world's banking industry has changed radically. In the years since Standard & Poor's published the first issue of CreditWeek in late 1981, the IT revolution and continual innovation in financial markets and instruments have transformed the business. Capital markets worldwide have expanded relentlessly in size and complexity. But at the same time, one fundamental remains unchanged the world over: Banks gather interest-paying deposits from customers and lend to borrowers at higher rates. In fact, the current global interest rate climate is not far from the relatively stable conditions that prevailed before the financially turbulent decade of the 1980s. The mythic 3-6-3 rule for running a bank in the U.S. for the first few decades...
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.
|
|
|
|
