| Title: | Difficult Times Call For Harsh Stress Tests For Investment Banking And Trading, Report Says |
| Price: | $100.00 |
| Publication Date: | Aug 29, 2007 |
| Report Type: | News |
| Abstract: | LONDON (Standard&Poor's) Aug. 29, 2007--There is a sense of déjà vu about the current environment for securities firms, which bears many similarities to that of the late summer and fall of 1998, Standard&Poor's Ratings Services noted in a report entitled "Investment Banking And Trading: Stressing For A Tougher Environment," published on Aug. 28, 2007. "This time, rather than a sovereign default by Russia, it is rising delinquencies on U.S. subprime mortgages that have sparked the bout of market volatility," said Standard&Poor's credit analyst Nick Hill. Key points include the following: -- Once again, we see sharp falls in stock markets following a strong run, a jump in volatility, sizable losses at some large hedge |
| Brief Excerpt: | RESEARCH Ratings Definitions Difficult Times Call For Harsh Stress Tests For Investment Banking And Trading, Report Says Publication date: ##-Aug-#### LONDON (Standard & Poor's) Aug. ##, ####--There is a sense of deja vu about the current... |
| Word Count: | 958 |
| Sector: | Global Issuers, Financial Institutions |
| Format: | 
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