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An Update On Standard & Poor's Proposed Bank Ratings Criteria Oct 11
Standard & Poors, Oct 2011
Abstract
NEW YORK (Standard & Poor's) Oct. 7, 2011--In April, Standard & Poor's Ratings Services summarized the feedback it received on the request for comment (RfC) on its proposed bank ratings criteria in an article titled 'What's Happening With The New Bank Criteria? An Update On Feedback And Implementation.' We remain on track toward finalizing and implementing the criteria in this quarter. Our aim is to minimize uncertainty and volatility in the market stemming from the potential ratings changes associated with the new criteria by having a clearly articulated approach and timeline. Over the coming weeks, we will outline how we will implement the criteria, including the expected timing for any subsequent rating actions. We expect: To first publish the new...
Action: General Comment
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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