Rating agency influence too pervasive, say analysts
Rating agencies have too much influence over covered bonds and banking systems in general, said Deutsche Bank analysts on Friday. Omitting rating triggers from laws, and limiting the use of rating triggers in prospectuses, they suggested, would help reduce the rating agencies’ influence.
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