Ratings On European Structured Finance Deals More Volatile

05 Jan 2012

Increasing volatility in European banks’ structured finance transactions reflects the originator’s motivation to “to only preserve ratings that will continue to meet…eligibility requirements imposed by the European Central Bank to secure loans”, according to Fitch Ratings.

Increasing volatility in European banks’ structured finance transactions reflects the originator’s motivation to “to only preserve ratings that will continue to meet…eligibility requirements imposed by the European Central Bank to secure loans”, according to Fitch Ratings. Fitch said some banks have been restructuring some of these so-called “retained ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial