trending Market Intelligence /marketintelligence/en/news-insights/trending/jmktog4kujyjt0-zktvvba2 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 revises trend on Danske Bank to negative

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 revises trend on Danske Bank to negative

DBRS confirmed the A/R-1 (low) long- and short-term issuer ratings of Danske Bank A/S and revised the trend on the long-term rating to negative from stable.

The embattled Danish banking group's intrinsic assessment remains at A.

The trend revision reflects the extended scope of the investigations into the Copenhagen-based bank and its Estonian unit over possible money laundering. The bank faces probes from authorities in Denmark and Estonia, as well as Switzerland, the U.K. and the U.S.

Danske Bank has already agreed to increase its capital backstop as recommended by the Danish Financial Supervisory Authority, but DBRS said it remains unclear to what extent the bank's franchise, earnings, funding and ultimately capital may be impacted by possible fines, which could reach billions — not to mention reputational damage.

Although Danske Bank's capacity to generate earnings is strong and resilient, DBRS noted that significant risk and control issues could negatively affect this. The agency added that it could revise back to stable the outlook on the rating if the bank can demonstrate limited franchise and financial impact due to the Estonia affair. However, any upside pressure is unlikely in the short term.