New ratings will more closely reflect financial strength
Moody’s Investors Service announced that it is considering refinements to its use of “joint default analysis” as part of its bank rating methodology. “Having consulted with market participants, Moody’s is assessing ways of applying more qualitative judgment to modify formulaic external support assumptions and their effect on bank ratings under JDA,” it explained. Moody’s said […]
There were no new corporate issuer defaults in the month
Big six, Desjardins “too big to fail”
Many bank deposit upgrades expected
Moderate growth expected for 2007
Carter named country manager for Canada
Number of issuers with negative outlooks rises
Firm to be know as Moody’s Wall Street Analytics
Strong demand in China to offset some weakening in U.S. demand