Moody’s continues review for Standard Chartered

Moody's Investors Service said it is continuing to review Standard Chartered plc's and Standard Chartered Bank's ratings for downgrade.

The agency expects to conclude the review in March 2016, after incorporating the detailed results of Standard Chartered's performance in 2015, which will be available in late February.

Moody’s is also continuing to review for downgrade the ratings of Standard Chartered Bank (Thai) PCL, Standard Chartered Bank Malaysia Bhd., Standard Chartered Bank (Hong Kong) Ltd. and Standard Chartered Bank Korea Ltd.

It expects to conclude these reviews in March 2016, after incorporating the detailed results of parent Standard Chartered Bank.

© 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.