Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research UniCredit SpA

Standard&Poor's Applies Revised Bank Criteria To 33 Italy-Based Banks

Published Dec 07, 2011

1665 words — Published Dec 07, 2011

Price US$ 150.00 | Buy this Report Now

About This Report

Abstract:

MILAN (Standard&Poor's) Dec. 7, 2011--Standard&Poor's Ratings Services today said it has reviewed its ratings on 33 Italy-based financial institutions by applying its new ratings criteria and updated group methodology for banks. In addition, Standard&Poor's has placed these ratings on CreditWatch with negative implications following the same action on the 'A/A-1' unsolicited long- and short-term sovereign ratings on the Republic of Italy on Dec. 5, 2011, (see "Italy's Unsolicited 'A/A-1' Ratings Placed On CreditWatch Negative"). We intend to resolve the CreditWatch placement shortly after resolution of the CreditWatch on the Republic of Italy. See the ratings list below for ratings on these financial institutions and their relevant subsidiaries, including any ratings changes that resulted from

Brief Excerpt:

RESEARCH Standard & Poor's Applies Revised Bank Criteria To 33 Italy-Based Banks Publication date: 07-Dec-2011 Primary Credit Analyst: Renato Panichi, Milan (39) 02 72111-215; renato_panichi@standardandpoors.com Secondary Contact:...

Report Type:

Ratings Action

Ticker

UC@IM

Issuer

UniCredit SpA

GICS

Diversified Banks (40101010)

Sector

Global Issuers, Public Finance, Structured Finance

Country

Italy

Region

United States

Format:

PDF

S&P Corrects By Lowering Subordinated Debt Ratings On Two UniCredit MTN Programs To 'BBB+'; Still On Watch Neg – 2012/01/13 – US$ 150.00

Research Update: UniCredit And UniCredit Leasing Ratings Lowered To 'BBB+/A-2' On Italy Downgrade; Outlook Negative – 2012/02/10 – US$ 225.00

Mainly Negative Rating Actions Taken On 37 Italian Financial Institutions On Sovereign Downgrade And BICRA Change – 2012/02/10 – US$ 150.00

Rating Actions Taken On 32 Italian Financial Institutions On Increased Credit Risk In Italy's Economy – 2012/08/03 – US$ 150.00

Research Update: UniCredit SpA 'BBB+/A-2' Ratings Affirmed Despite Increased Credit Risk For Italian Banks; Outlook Negative – 2012/08/03 – US$ 225.00

Research Update: UniCredit And Most Core Subsidiaries 'A/A-1' Ratings Placed On Watch Negative On Same Action On Italy – 2011/12/07 – US$ 225.00

Research Update: UniCredit And Most Core Subsidiaries 'A/A-1' Ratings Affirmed On Bank Criteria Change; Outlook Negative – 2011/11/29 – US$ 225.00

Tougher Economic Prospects And Rising Sovereign Risk Prompt Negative Rating Actions On Italian Banks – 2011/10/18 – US$ 150.00

Research Update: UniCredit And Core Subsidiaries 'A/A-1' Ratings Affirmed After Downward Revision Of Italy BICRA Score; Outlook Negative – 2011/10/18 – US$ 225.00

Seven Downgrades And Eight Outlook Revisions To Negative On Italian Banks After Sovereign Downgrade – 2011/09/21 – US$ 150.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings 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.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Standard&Poor's Applies Revised Bank Criteria To 33 Italy-Based Banks" Dec 07, 2011. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Standard-Poor-s-Applies-Revised-Bank-Criteria-To-33-Italy-Based-Banks-928919>

APA:	S&P Global Ratings’ Credit Research. (). Standard&Poor's Applies Revised Bank Criteria To 33 Italy-Based Banks Dec 07, 2011. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Standard-Poor-s-Applies-Revised-Bank-Criteria-To-33-Italy-Based-Banks-928919>

US$ 150.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Residential Mortgage-Backed Securities from one place.