Teleconference: Application Of Standard & Poor?s Updated Criteria On Canadian Banks, Wednesday Dec. 14, 2011, 2 p.m. EDT Dec 11
Standard & Poors, December 2011
Abstract
TORONTO (Standard & Poor's) Dec. 14, 2011--Standard & Poor's Ratings Services will host a teleconference Wednesday, Dec. 14 at 2:00 p.m. Eastern Standard Time to provide market participants an overview of how it applied its new criteria to Canadian banks, and how ratings changed as a result. On Dec. 13, Standard & Poor's published its updated credit ratings on nine Canadian financial institutions. This update applied Standard & Poor's new global ratings criteria to Canadian institutions, as part of a global update. Canadian institutions covered in the announcement include: Royal Bank of Canada The Toronto-Dominion Bank Canadian Imperial Bank of Commerce Bank of Montreal The Bank of Nova Scotia Home Capital Group Inc. Laurentian Bank of Canada National Bank of...
Companies mentioned in this report are:
- Royal Bank of Canada
- Toronto-Dominion Bank
- Bank of Montreal
- The Bank of Nova Scotia
- Canadian Imperial Bank of Commerce
- National Bank of Canada
- HSBC Bank Canada
- Laurentian Bank of Canada
- Manulife Bank of Canada
- Home Capital Group Inc.
Action: Teleconferences
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.
- Royal Bank of Canada
- Toronto-Dominion Bank
- Bank of Montreal
- The Bank of Nova Scotia
- Canadian Imperial Bank of Commerce
- National Bank of Canada
- HSBC Bank Canada
- Laurentian Bank of Canada
- Manulife Bank of Canada
- Home Capital Group Inc.
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