European Banks Focus On Rating-Agency Strategy

16 May 2012

Finance directors of up to 20 European banks met Wednesday to adopt a strategy that would limit the dominance of Standard & Poor’s, Moody’s Investors Services and Fitch Ratings in the credit-rating market.

Finance directors of up to 20 European banks met Wednesday to adopt a strategy that would limit the dominance of Standard & Poor’s, Moody’s Investors Services and Fitch Ratings in the credit-rating market. Sources said one proposal calls for providing the agencies ...

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