All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Comment

IKB shows state support is unpredictable

The German government-coordinated bail-out of IKB proves that Moody’s was right to make implicit state support a pillar of bank ratings. Right? Wrong. The debacle shows that rating agencies can only guess what might happen.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree