Free Trial

Global Investor Magazine Copying and distributing are prohibited without permission of the publisher

LCH.Clearnet rating on credit watch

14 May 2010

Standard & Poor’s has put the counterparty credit rating of LCH.Clearnet, on credit watch with negative implications

Read more: Standard & Poor’s LCH.Clearnet credit watch

Standard & Poor’s has put the counterparty credit rating of LCH.Clearnet, Europe’s largest independent clearing house, “on credit watch with negative implications”.

S&P said its decision was based on concerns about LCH.Clearnet’s future earnings power. The move follows the decision by its biggest...


 

Quote