Government support uncertainty in Asia may prompt downgrades.

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 10 (3/9/2015), 2015
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article reports that banks have been downgraded in Austria, Germany, Switzerland and Great Britain by Standard & Poor's (S&P) Corp. in February 2015. It is noted that Hong Kong authorities are expected to highly support their banking system. It is stated that European government support may be reclassified as support uncertain under the Bank Recovery and Resolution Directive (BRRD).