S&P threatens to downgrade covered bonds worldwide

12/18/2009 | Financial Times (tiered subscription model) · ForexYard

Standard & Poor's has thrown a spotlight on the covered-bond asset class, one of the more resilient areas of the structured-credit market. The credit rating agency threatened to downgrade covered-bond programs in Europe, Canada and the U.S. Despite the announcement, European banks are planning to use covered bonds to raise hundreds of billions of euros next year.

View Full Article in:

Financial Times (tiered subscription model) · ForexYard

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Director, Workforce
AIA
Arlington, VA
VP of Video Content Distribution
Calkins Media
Levittown, PA