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Financial Services Industry Credit Ratings

Mayer Brown

Credibly Challenged Podcast - Interview with Megan Neuburger, Head of US Corporate Ratings at Fitch

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Matt Bisanz interviews Megan Neuburger, the head of US corporate ratings at Fitch Ratings. They discuss how an analyst develops corporate credit ratings and the many elements of that process that banks should understand....more

Mintz

Ratings Agency Announces That It Will Analyze Physical Climate Risk When Evaluating Certain Assets

Mintz on

Recently, Fitch Ratings issued a discussion paper that outlined a “contemplated framework for the analysis of physical climate risk for [Structured Finance] and [Covered Bonds] for the potential negative implications of...more

Cadwalader, Wickersham & Taft LLP

A Different Kind of Swift Advice May 2024 - In Our Ratings Era: Top Lender Considerations for Subscription Facilities

One of the best things about fund finance is that there is always something new and exciting happening in our space. New players come online, and new products and solutions solve issues that pave the way for fund borrowers to...more

Fox Rothschild LLP

Supreme Court: Government Agencies Can Be Liable Under FCRA for Credit Reporting Errors

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The U.S. Supreme Court has ruled that federal government agencies can be held liable under the Fair Credit Reporting Act when they fail to investigate or correct inaccurate information furnished to credit reporting agencies. ...more

J.S. Held

Lending Climate in America – 4th Quarter 2023 Survey

J.S. Held on

Interest rates and inflation have been the big drivers of the US economy as of late, but lenders are increasingly optimistic for 2024, despite some challenges. Lenders foresee interest rate declines beginning in 2024 – with...more

Cadwalader, Wickersham & Taft LLP

Regulatory and Transactional Implications of Recent Moody’s Bank Ratings Downgrades

Earlier this week, Moody’s Investor Services downgraded the credit ratings of 10 regional banks and put 17 other banks under review or gave their rating a negative outlook. Notwithstanding the downgrades, most of the...more

A&O Shearman

EU Publishes New Sustainable Finance Package

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The EU published a new Sustainable finance package 2023 on June 13, 2023. The package includes - - A Proposed Regulation on the transparency and integrity of ESG rating activities, which aims to enhance the quality of ESG...more

Goodwin

SEC Proposes Rules to Include Certain Significant Market Participants as “Dealers” or “Government Securities Dealers”

Goodwin on

In This Issue. The U.S. Securities and Exchange Commission (SEC) proposed rules to include certain significant market participants as “dealers” or “government securities dealers” to essentially eliminate the trader exclusion...more

A&O Shearman

UK Conduct Regulator Publishes Dear CEO Letter to Credit Rating Agencies

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The U.K. Financial Conduct Authority has published a Dear CEO letter to Credit Rating Agencies setting out its expectations on the actions CRAs should undertake to minimize risks to consumers, market integrity and...more

A&O Shearman

European Securities and Markets Authority Publishes Follow-Up Report on Credit Rating Agency and Trade Repository Fees

A&O Shearman on

The European Securities and Markets Authority has published a follow-up report on its 2018 Thematic Report on the fees charged by credit rating agencies and trade repositories. ESMA directly supervises all CRAs and trade...more

A&O Shearman

EU Credit Rating Equivalence Decisions Repealed for Some; Reaffirmed for Others

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A series of Implementing Decisions on the equivalence with the EU Credit Rating Agencies Regulation of the credit rating regimes of certain non-EU countries have been published in the Official Journal of the European Union....more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Less than a day after the Journal reported that CBS and the Redstones are nearing a deal to resolve their many differences, we’ve learned that CBS chief Les Moonves—facing an investigation into alleged sexual harassment...more

A&O Shearman

Financial Regulatory Developments Focus - July 2018 #4

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In this week's newsletter, we provide a snapshot of the principal U.S., European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

As has been buzzed about for several months, music-streaming startup Spotify has officially filed [directly] a prospectus for its listing on the New York Stock Exchange....more

Ballard Spahr LLP

New Report Finds Debt Collection Activities Increases Access to Credit, Particularly for Consumers with Poor Credit

Ballard Spahr LLP on

In recent remarks, CFPB Director Richard Cordray noted, albeit passingly, the significant role debt collection activities play in the healthy maintenance of consumer credit markets. “Responsible debt collectors that do their...more

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