USA: MOODY'S ON DEFAULTS AND RECOVERIES FOR FINANCIAL INSTITUTIONS.

IPR Strategic Business Information Database | June 3, 2009 | Copyright

A new report by Moody's Investors Service examines the long-term bond and loan defaults and recoveries on bonds and loans issued by financial institutions. The study compares bond and loan rating migration, default, and recovery rates of financial institutions and non-financial corporates. "This study is especially timely because of the impact the ongoing global banking and financial crisis has had on rated financial institutions,"said Moody's Analyst Jennifer Tennant. The default volumes experienced in 2008 are unprecedented, said Moody's. Overall, financial institutions ...

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