trending Market Intelligence /marketintelligence/en/news-insights/trending/SZjLBxEp0Eb0x3YUW9Db7A2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Moody's assigns ratings to JPMorgan German unit


Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


Financial Institutions Factor Transition Risk into Climate-Related Stress Testing


Banking Essentials Newsletter: May Edition, Part-2

Moody's assigns ratings to JPMorgan German unit

Moody's on March 29 assigned J.P. Morgan AG long- and short-term foreign- and domestic-currency issuer ratings of A1/P-1 and deposit ratings of Aa2/P-1.

The rating agency also assigned the bank long- and short-term counterparty risk assessments of Aa2(cr)/P-1(cr) and a baseline credit assessment and adjusted baseline credit assessment of "a3." The ratings outlook is stable.

J.P. Morgan AG is a wholly owned subsidiary of JPMorgan Chase & Co. Moody's considers the German unit as economically indistinguishable from the group, meaning its creditworthiness will be driven by the same factors driving the baseline credit assessment of its U.S.-based parent.