TEXT-S&P affirms UniCredit Bank AG ratings - Reuters

TEXT-S&P affirms UniCredit Bank AG ratings Reuters The stand-alone credit profile for UniCredit is unchanged at 'a-'. -- We are affirming our 'A/A-1' long- and short-term counterparty credit ratings on Germany-based UniCredit Bank AG and removing them from CreditWatch negative, where they were placed ... and more »

Second tier autos look for escape route - Reuters

Second tier autos look for escape route Reuters By Josie Cox and Anil Mayre LONDON, Feb 10 (IFR) - Renewed rating pressures and a weak economic outlook for second-tier auto manufacturers could weigh heavily on funding costs, particularly in the light of the onerous redemption pipeline.

The Hunt For Rs 2,70000 Crore - Businessworld

Businessworld

The Hunt For Rs 2,70000 Crore Businessworld It provided some visibility on the capital front for SBI, but it came four months after Moody's downgraded the bank's rating to D+ from C- on 4 October 2011. This could have been avoided. North Block had long been aware that SBI's tier-I capital ... and more »

TEXT-Fitch afrms Punjab National Bank at 'BBB-'/stable - Reuters

TEXT-Fitch afrms Punjab National Bank at 'BBB-'/stable Reuters The bank's LTFC IDR is currently at the Support Rating Floor and is linked to India's sovereign rating. The ratings also reflect PNB's standalone credit profile (Viability Rating: 'bbb-') which, despite asset quality challenges, remains supported by ... and more »

UBS' CoCo to be permanent write-down litmus test - Reuters

UBS' CoCo to be permanent write-down litmus test Reuters Credit Suisse priced the first contingent capital trade from Switzerland in February last year, attracting huge demand from private banks and institutional investors which was a high-trigger deal. The Credit Suisse Tier 2 transaction converts into ...