from
S&P Credit Research1138 word report
published Jun 17, 2009
Price
$100.00 available for immediate download
Report Overview
Search Inside
About
S&P Credit Research
| Abstract: | NEW YORK (Standard&Poor's) June 17, 2009--Standard&Poor's Ratings Services said today that it lowered its ratings and revised its outlooks on 22 rated U.S. banks. The actions reflect our belief that operating conditions for the industry will become less favorable than they were in the past, characterized by greater volatility in financial markets during credit cycles, and tighter regulatory supervision. The changes also reflect our ongoing broad-ranging reassessment of industry risk for U.S. financial institutions (see "How The Credit-Market Crisis Is Changing The World Of Banking," published Nov. 25, 2008, on RatingsDirect). All of the actions were downgrades or assignments of negative outlooks, except for PNC Financial Services Group, in which case we affirmed our ratings and
|
| Brief Excerpt: | RESEARCH Ratings Definitions Lower Ratings And Revised Outlooks On 22 U.S. Banks Signal More Pain Ahead Publication date: 17-Jun-2009 Primary Credit Analysts: Rodrigo Quintanilla, New York (1) 212-438-3090; rodrigo_quintanilla@standardandpoors.com...
|
| Report Type: | News
|
| Sector: | Global Issuers, Public Finance, Structured Finance
|
| Free Sample: |
Click Here to Download
|
| Format: | | HTML |  |
|
S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
