A third of Europe's banks to be downgraded.

• Autores: Gemma Varriale
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 6 (2/9/2015), 2015
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article reports on the plan of global rating agency Fitch Rating to downgrade the rating of banks in Europe in 2015. Topics noted include the impact of post-crisis regulations such as the bank recovery and resolution directive and single resolution mechanism on how the agency rates banks, shift of the burden of resolving banks to private investors and senior creditors, and change in the bank's view on sovereign support.