trending Market Intelligence /marketintelligence/en/news-insights/trending/HuBptadXjUg6J4Cd6E_USg2 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

EMEA ratings roundup, Oct. 21

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

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


EMEA ratings roundup, Oct. 21

S&P Global Market Intelligence presents a daily summary of ratings actions on European, Middle Eastern and African financial institutions and economies.

EUROPE

* Moody's and Fitch Ratings withdrew the ratings of Virgin Money Holdings (UK) PLC and subsidiary Virgin Money PLC. Moody's withdrew the Baa3/P-3 and Baa1/P-2 long- and short-term issuer ratings of Virgin Money Holdings and Virgin Money, respectively, as well as Virgin Money's A2/P-1 long- and short-term counterparty risk ratings, A2(cr)/P-1(cr) long- and short-term counterparty risk assessments and "baa2" baseline and adjusted baseline credit assessments. The outlook on both entities' long-term issuer ratings was positive before the withdrawal.

Meanwhile, Fitch maintained on Rating Watch Negative Virgin Money Holdings' BBB+ long-term issuer default rating and Virgin Money's A- long-term issuer default rating and subsequently withdrew the ratings. the agency also affirmed and withdrew the F2 short-term issuer default ratings of Virgin Money Holdings and Virgin Money, as well as their respective 2 and 5 support ratings and BBB+ and A- senior unsecured debt ratings.

* Moody's affirmed Banca March SA's A3/Prime-2 long- and short-term deposit ratings, with a stable outlook on the long-term rating. The agency also affirmed the Spanish lender's "baa2" baseline and adjusted baseline credit assessments, A3(cr)/Prime-2(cr) long- and short-term counterparty risk assessments and A2/Prime-1 long- and short-term counterparty ratings.

* Fitch placed Türkiye Halk Bankası AŞ' B+/B long- and short-term foreign-currency issuer default ratings, BB-/B long- and short-term local-currency issuer default ratings, "b" viability rating, B+ senior unsecured debt rating, 4 support rating, B+ support rating floor and AA(tur) national long-term rating on Rating Watch Negative. The action follows U.S. charges filed against the Turkish lender for its alleged role in a multibillion-dollar scheme to evade U.S. sanctions against Iran.

* Fitch affirmed Kazakhstan-based JSC Leasing Group's B/B long- and short-term foreign- and local-currency issuer default ratings and BB+(kaz) national long-term rating. The outlook on the long-term ratings is stable.

Links are current as of publication time, and we are not responsible if those links are unavailable later.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.