Fitch Ratings has launched a Ratings Assessment Service for clients contemplating strategic transactions. As part of this service, Fitch will provide clients with a confidential opinion on how a transaction such as an acquisition, capital restructuring or off balance sheet financing would affect their credit rating. Clients will also be able to obtain information on how their ratings would change under a range of different scenarios – what would happen, for example, if they raised USD250 million of new debt instead of the planned USD200 million. Fitch will allocate conditional ratings to each scenario provided by the client via a confidential ratings letter. This letter will contain a definition of the scenario, an explanation of the rationale behind the conditional rating and the terms and conditions necessary for conversion to a final rating.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more