trending Market Intelligence /marketintelligence/en/news-insights/trending/2_Iwp2lGxalakVCH-jC3LQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

DBRS upgrades deposit ratings of 9 Italian banks

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


DBRS upgrades deposit ratings of 9 Italian banks

DBRS upgraded, by one notch, the long-term deposit rating of nine Italian banks and the short-term deposit rating of eight banks Dec. 14.

The long- and short-term deposit ratings of Banca Akros SpA were upgraded to BBB/R-2(high), with a stable trend.

Iccrea Banca SpA's long- and short-term deposit ratings were upgraded to BBB/R-2(high), with a negative trend.

Banca Sella SpA, Banca Sella Holding SpA, Banco BPM SpA and Banca Popolare dell'Alto Adige SpA's long- and short-term ratings were upgraded to BBB/R-2(high), all with a stable trend.

Banca Monte dei Paschi di Siena SpA's long-term deposit rating was upgraded to BB(low), with a stable trend, while Unione di Banche Italiane SpA's long- and short-term deposit ratings were upgraded to BBB(high)/R-1(low), with a stable trend.

The long- and short-term deposit ratings of Credito Valtellinese SpA were upgraded to BB(high)/R-3, with a positive trend.

DBRS said the ratings actions took into account the introduction of a scheme for full depositor preference in bank insolvency and resolution proceedings, which is due to come into force in Italy on Jan. 1, 2019. The scheme follows the adoption of two Legislative Decrees in 2015 aimed at implementing the EU Bank Recovery and Resolution Directive No. 2014/59/EU in Italy.

Under one of the legislative decrees, from Jan. 1, 2019, all deposits, including corporate and institutional deposits, will rank higher than unsecured debt but lower than insured deposits, those covered by deposit guarantee schemes and some uninsured deposits held by individuals and small- and medium-enterprises when considering creditor hierarchy.