Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for E*Trade Financial Corp. > News item |
Moody's affirms E*Trade
Moody's Investors Service said it affirmed the ratings of E*Trade Financial Corp. (senior debt at Ba2) and its lead thrift subsidiary, E*Trade Bank (long-term deposits at Baa3).
The outlook remains positive.
Moody's said it views the current Ba2 rating as well positioned within the context of the firm's operating performance and the likely downside effect of turbulent mortgage markets, adding that the continuation of the positive outlook suggests that should E*Trade successfully manage through the current challenges facing U.S. mortgage markets, upward rating potential would likely emerge.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.