ICAP’s Credit Rating At Risk
Moody’s Investors Service has changed its outlook for broker-dealer ICAP from stable to negative over concerns that the Volcker Rule, currently set to go into effect in July, will likely have a negative impact on its broking volume and raise its capital requirements on trading assets.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
