New accounting standard due to take effect Jan. 1 2018
Regulatory and compliance related costs are also on the rise
Revised methodology for global banks lifts ratings
Update includes a revised rating framework for CoCos
Portuguese bank’s liquidity is under pressure
Sub-prime mortgage settlement includes US$4.5 billion in penalties and US$2.5 billion in consumer relief
Moody’s, DBRS lower ratings on Banco Espirito Santo
French bank to pay US$9 billion for processing transactions for clients in blacklisted countries
Continued declines in FICC segment are outpacing improvements in the equity capital markets business and investment banking
The outlook has shifted to negative on lower expectations for the support a failing bank would receive from the federal government