trending Market Intelligence /marketintelligence/en/news-insights/trending/KoOGxqclA9Vr7KBdYyzehQ2 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.

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

  • Enter verification Code here*

* Required

In This List

Moody's lowers outlooks on HSBC Bank (China), HSBC Bank Australia

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Moody's lowers outlooks on HSBC Bank (China), HSBC Bank Australia

Moody's lowered the outlooks on HSBC Bank (China) Co. Ltd. and HSBC Bank Australia Ltd. to negative from stable following a similar action on its parent, Hongkong & Shanghai Banking Corp. Ltd.

The rating agency said Dec. 18 that it also affirmed HSBC Bank (China)'s long- and short-term issuer and deposit ratings at A1 and P-1, respectively, as well as its "a1" adjusted baseline credit assessment. Its baseline credit assessment remains unchanged at "baa1."

HSBC Bank (China)'s long-term issuer and deposit ratings incorporate multiple notches of uplift based on the assessment of a very high level of affiliate support from the parent when needed.

Meanwhile, Moody's on Dec. 19 affirmed HSBC Bank Australia's long-term issuer rating at A1, as well as its "baa1" baseline credit assessment. The affirmation of the lender's baseline credit assessment reflects its conservative funding profile that is centered on deposits.