moody’s

The UK: The City wants to take more risk

The UK: The City Wants To Take More Risk

The European leveraged financial markets have an increasing attraction for investors seeking more risk. According to data from Moody’s, the new volumes of issuance of European Collateralized Loan Obligations (CLOs), one of the main sources of demand for leveraged loans, stand at 6.4 billion euros in the year to date. At this rate, it will exceed the annual figure for 2017 of 18.8 billion euros, which was the highest in the last 10 years.




The year has just started with the banking sector rising strongly

Spain, Italy, Germany and Austria the markets with highest options of banking M&A

According to Moody’s, the markets where there are the highest possibilities of integration are Spain, Italy, Germany and Austria. Unlike Italy’s banks, Moody’s believes the Spanish lenders are under less pressure to reduce their unproductive assets, thanks to the improving economic cycle and increased profitability at the operating level




No Picture

Bankinter results cause mixed feelings; Moody’s points to a sexier Spain

MADRID | By Jaime Santisteban | Bankinter, the Spanish bank with highest credit rating announced results under expectations, according to Santander. Analysts look optimistic on Spanish equities profitability and expect a 15% growth in Ibex 35. Spain walks on a firm and positive trend, points out Moody’s.

 


Santander

Spanish Santander’s long-term debt rating sees one notch rise

MADRID | By Julia Pastor | Moodys considers that the biggest euro zone bank Santander has sufficiently diversified its sovereign risk and it has become stronger to face operating risks in Spain, thus increasing entity’s long-term credit in one notch, from Baa1 to Baa2. According to BEKA finance’s analysts in Madrid after this improvement Spanish economy’s risk profile will not be anymore the main and almost only variable limiting Santander’s rating to soften. The bank got a big boost which and announced a €1.5 billion issue of convertible bonds to reinforce its capital.