|
|
 |
|
Viewing report
|
|
|
|
Banking Industry Country Risk Assessment: U.S. Dec 11
Standard & Poors, Dec 2011
Abstract
A highly productive, diversified, and flexible economy renders U.S. economic resilience as 'very low risk' (as defined in our criteria). Core retail deposits constitute a large share of systemwide funding needs. The U.S. benefits from the dollar's standing as a key reserve currency, which helps compensate for the country's external debt and leads to minimal foreign-currency funding of the banking system. Even though losses on loans have abated in recent quarters, continued weakness in the real estate segment poses latent credit risks. Large and active nonbank competitors continue to undermine the 'competitive dynamics,' as we define them, of U.S. banks. The challenges that supervisors face in monitoring the U.S.'s innovative, complex, and dynamic financial system remain considerable, despite the regulatory...
Companies mentioned in this report are: Canada,Bank of America Corp.,Wells Fargo & Co.,France (Republic of) (Unsolicited Ratings),United Kingdom (Unsolicited Ratings),Germany (Federal Republic of) (Unsolicited Ratings),United States of America (Unsolicited Ratings),JPMorgan Chase & Co.,Citigroup Inc.,The Goldman Sachs Group Inc.
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.
|
|
|
|
