Credit rating agencies on the watch list : analysis of European regulation / [electronic resource]
by Garc�ia Alcubilla, Raquel; Ruiz del Pozo, Francisco Javier.
Material type:
BookPublisher: Oxford : Oxford University Press, 2012Description: 1 online resource.ISBN: 9780191739125 (ebook) :.Subject(s): Banks and banking -- Ratings and rankings -- Europe | Banking law -- Europe | Credit bureaus -- Europe | Credit ratings -- EuropeOnline resources: Oxford scholarship online Summary: Rating agencies judge how solvent banks and big companies are. Prior to the financial crisis they were too optimistic when rating the risk of the banks and this prompted politicians worldwide to issue new regulations. This book explains what rating agencies do, why they are so important for the economy and the new European Regulation.
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Includes bibliographical references and index.
Rating agencies judge how solvent banks and big companies are. Prior to the financial crisis they were too optimistic when rating the risk of the banks and this prompted politicians worldwide to issue new regulations. This book explains what rating agencies do, why they are so important for the economy and the new European Regulation.
Description based on online resource; title from PDF title page (viewed on Apr. 19, 2012).
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