Rating Agencies Q&A - The Risk of Over-reliance on Ratings
Markus Krebsz (Subject matter expert, Lloyds Banking Group)
| Jul 6, 2010
You may find the attached presentation on Credit rating agencies useful, which I gave recently to the Chartered Institute for Securities and Investments. Any questions, comments, feedback please let me know.
You can also contact me via Linkedin: www.markuskrebsz.info or my website www.markuskrebsz.co.uk
Many thanks for looking and best regards,
Markus
P.S. Feel free to download/share the slides in your firm - I consider it as 'open source research'. Enjoy.
You can also contact me via Linkedin: www.markuskrebsz.info or my website www.markuskrebsz.co.uk
Many thanks for looking and best regards,
Markus
P.S. Feel free to download/share the slides in your firm - I consider it as 'open source research'. Enjoy.
Topics:
Comments
Company: Newedge USA, LLC
I thought that you presentation was excellent!
Company: Lloyds Banking Group
Kenneth,
That's much appreciated - many thanks.
Best regards, Markus
Company: HBFC Limited
Very good presentation indeed. But there is a question: is the list of credit rating agencies complete and exhaustive?
Company: Lloyds Banking Group
Sayef,
Many thanks for your kind question re. the exhaustiveness/completeness of the CRAs in my presentation. It is a complete as possible - taken from the defaultrisk.com website. There are grey areas where an advisory firm may also assign 'ratings' but might not be included and vice versa. Unfortunately, it won't be 100% precise, but certainly as good as it gets. The objective was to highlight that there are NOT only the likes of Moody's, S&P and Fitch but also many other regionally and topically specialised 'rating agencies'. Hope this answers your query.
Thanks for your interest and best regards,
Markus
P.S. Also many thanks to the complimentary comments, that's much appreciated.