S&PCORRECT: Firstar Corp.&Subsidiaries' Ratings Raised; Outlook Now Stable - S&P Global Ratings’ Credit Research

S&PCORRECT: Firstar Corp.&Subsidiaries' Ratings Raised; Outlook Now Stable

S&PCORRECT: Firstar Corp.&Subsidiaries' Ratings Raised; Outlook Now Stable - S&P Global Ratings’ Credit Research
S&PCORRECT: Firstar Corp.&Subsidiaries' Ratings Raised; Outlook Now Stable
Published May 10, 2000
Published May 10, 2000
Price US$ 150.00  |  Buy this Report Now

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Abstract:

(Editor's note: In a press release dated May 10, 2000, the former ratings of Firstar Corp. and subsidiaries were inadvertently omitted. A corrected version follows.) NEW YORK (Standard&Poor's CreditWire) May 10, 2000--Standard&Poor's today raised the ratings on Firstar Corp. and its subsidiaries and affirmed the short-term ratings of the bank subsidiaries (see list). At the same time, the outlook was revised to stable from positive. The positive outlook was assigned in May 1999 following Firstar's announcement of a merger with St. Louis, Mo.-based Mercantile Bancorporation Inc. As a more sizable Midwest financial services competitor with $73 billion in assets, Firstar has tackled the ongoing integration with Mercantile competently. While it attended to this process, revenues and

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers , Public Finance , Structured Finance
Country
Region
Format:
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Firstar Corp.&U.S. Bancorp Merger Completed – 2001/02/27 – US$ 150.00

Summary: U.S. Bancorp (New) – 2001/05/30 – US$ 225.00

U.S. Bancorp – 2001/11/30 – US$ 500.00

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&PCORRECT: Firstar Corp.&Subsidiaries' Ratings Raised; Outlook Now Stable" May 10, 2000. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Firstar-Corp-Subsidiaries-Ratings-Raised-Outlook-Now-Stable-150882>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: Firstar Corp.&Subsidiaries' Ratings Raised; Outlook Now Stable May 10, 2000. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Firstar-Corp-Subsidiaries-Ratings-Raised-Outlook-Now-Stable-150882>
  
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