NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases a new research report entitled, “Counting on Evolution.”
- In this report, KBRA examines how evolutionary forces-- from firm-specific governance practices to regulatory and policymaker oversight to market discipline—influence and shape financial institutions.
- We believe these forces are essential elements in forward-looking credit ratings. Dismissing these forces fails investors in two ways: (1) it underweights important evolution in the rating process, and (2) rating outcomes are likely to be overly conservative.
- KBRA believes legacy rating agencies have discounted evolution in their ratings of larger U.S. financial institutions, where ratings today are significantly lower than where they were pre-crisis.
To view the report, please click here.
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About KBRA and KBRA Europe
KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
