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Research Update: UBS Bank USA Assigned 'A-1' Short-Term Counterparty Rating Nov 09

  • ID: 1752985
  • November 2009
  • Region: United States
  • Standard & Poors


  • UBS AG
  • UBS Americas Inc.
  • UBS Bank USA
  • MORE

We consider UBS Bank USA to be strategically important to its ultimate parent, UBS AG. We are assigning our 'A-1' short-term counterparty rating to UBS Bank USA. We expect the company to maintain its strong asset quality and solid capital metrics. On Nov. 11, 2009, Standard & Poor's Ratings Services assigned its 'A-1' short-term counterparty credit rating to UBS Bank USA (UBS Bank). The rating on UBS Bank acknowledges the support provided by the company's direct parent, UBS Americas Inc., and its ultimate parent, UBS AG (A+/Stable/A-1). UBS Americas Inc. essentially provides the bank with most of its capital support and other ancillary services. Most of UBS Bank's funding consists of deposits from wealth management clients of UBS Bank's U.S....

Companies mentioned in this report are:
- UBS Bank USA
- UBS Americas Inc.

Action: New Rating

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.

Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.

Note: Product cover images may vary from those shown

- UBS Bank USA
- UBS Americas Inc.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown


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