In this study, data from two credit rating agencies are analyzed to consider how different Bank Financial Strength … Ratings and Credit Ratings from two rating agencies compare. To my knowledge, prior research has not analyzed Bank Financial … Strength Ratings from different rating agencies, nor has it compared Bank Financial Strength Ratings to general credit ratings …

The aim of this study is to identify the economic impacts on G7 banking industry when sovereign rating is revised. We … used event study methodology (t-statistics) and found that sovereign rating changes significantly affect share market … prices. It seems that there is information leakage prior to sovereign rating announcement dates as released by the S&P: there …

rating agencies (CRAs). These "Big Three" are Standard & Poor's (S&P), Moody's and Fitch Ratings. Due to the oligopolistic … market structure and possible involvement in the 2008 financial crisis, the rating agencies have constantly come under … criticism. This was associated with stricter regulatory requirements to ease the situation. The EU-Regulation on credit rating …