Says CDOs should perform in a manner similar to Canadian asset-backed securities
Dependence on deposits from agents and advisors poses a challenge
New York office finds success with ratings of asset-backed securities
Study focuses on historical performance of bond issuers
Cites improvements in the bank's earnings, asset quality and financial risk profiles
DBRS cites fiscal prudence in latest budget
Removes bank from under review
DBRS reports 16 new ABS transactions worth $9.8 billion
Dominion Bond Rating Service has upgraded British Columbia’s credit rating, citing the province’s sound fiscal management and reduced debt burden.Total provincial debt at the end of 2005/05 is forecast at $36.1 billion, a $1.7 billion decline from the previous year. To support its rating upgrade, DBRS cited B.C.’s sound financial and economic position, significant improvements […]
DBRS likes bank’s balanced business mix