Regulators aim to revamp credit ratings in capital review

08/8/2010 | Wall Street Journal, The

The Federal Deposit Insurance Corp. is poised to outline several options for replacing private credit ratings in capital evaluation. Regulators are trying to make sure they are accurately assessing the financial condition of companies. The FDIC is working with the Federal Reserve and other banking regulators to come up with several options, including developing risk metrics, using credit spreads more and a greater reliance on internal models, sources said.

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