Paris -- Standard&Poor's CreditWire 11/4/98 -- Standard&Poor's today affirmed its single- 'A' -plus long-term and 'A-1' short-term counterparty ratings of UniCredito Italiano SpA (Unicredito, formerly Credito Italiano). The outlook is stable. At the same time, Standard&Poor's affirmed the single- 'A' -plus long-term and the 'A-1' short-term counterparty ratings of Rolo Banca 1473 SpA. The single -'A' long-term counterparty ratings of Banca CRT SpA (CRT) and Cariverona Banca SpA (Cariverona) remain on CreditWatch with positive implications. These banks' short-term counterparty ratings of 'A-1' have been affirmed. These rating actions follow the completion of the merger between Credito Italiano and Unicredito Holding, which was the holding company for CRT and Cariverona, as well as for unrated
