Moody's Investors Service has affirmed the A1 long-term foreign currency issuer rating of Shinhan Financial Group Co., Ltd. (Shinhan FG) with a stable outlook. At the same time, Moody's has affirmed Shinhan FG's all other ratings. The outlook on Shinhan FG is stable.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Shinhan Card Co., Ltd. Hong Kong, September 05, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Shinhan Card Co., Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service has assigned a (P)Baa1 Tier 2 subordinated bond programme rating to Shinhan Financial Group Co., Ltd.'s (Shinhan FG, A1 stable) $5 billion global medium-term note (MTN) programme. Moody's rates the Tier 2 subordinated notes one notch below Shinhan FG's notional BCA of a3, based on Moody's basic Loss Given Failure (LFG) analysis for financial institutions in jurisdictions without operational resolution regimes, rather than subtracting a further notch to reflect uncertainty over the timing of loss absorption. According to the terms of the programme, the principal of Tier 2 subordinated notes will be fully written down in the event that Shinhan FG is designated as an "insolvent financial institution" by the Financial Services Commission or the Korea Deposit Insurance Corporation, pursuant to the Act on the Structural Improvement of the Financial Industry.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Jeju Bank and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Shinhan Investment Corp and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […]
Moody's Investors Service has today placed all ratings and assessments of four Korean regional banks on review for downgrade. The four banks are Busan Bank; Daegu Bank, Ltd.; Jeju Bank; and Kyongnam Bank.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Shinhan Financial Group Co., Ltd. Hong Kong, September 20, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Shinhan Financial Group Co., Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Indonesian e-commerce firm Bukalapak on Friday said South Korea's Shinhan Financial Group Co Ltd joined its latest fundraising round that valued the startup at over $2.5 billion. Bukalapak did not disclose the amount it will receive through Shinhan's investment banking unit Shinhan GIB, nor the size of the stake Shinhan would gain. Other participants in Bukalapak's closing Series F fundraising included Indonesian media conglomerate Emtek, a long-time backer, the e-commerce firm said in a statement.
If you're interested in Starhedge S.A. (WSE:SHG), then you might want to consider its beta (a measure of share price...
They have a Graham blended multiplier of less than 22.5 Continue reading...
Moody's Investors Service has upgraded Jeju Bank's long-term and short-term deposit ratings to A2 and P-1, respectively. In addition, Moody's has upgraded Jeju Bank's Adjusted Baseline Credit Assessment (BCA) to a3 from baa1. Moody's has also affirmed Jeju Bank's BCA of baa3.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]