Co-Sponsoring Banks Promise To Promote Creditmetrics To Clients


FIVE global investment banks have endorsed Creditmetrics, JP Morgan's recently launched framework for measuring the credit risks associated with a portfolio of loans and securities.

Bank of America, BZW, Deutsche Morgan Grenfell, Swiss Bank Corporation and Union Bank of Switzerland have all signed up as "co-sponsors" of Creditmetrics. The project's sixth co-sponsor is KMV Corporation, the San Francisco-based credit analytics vendor (see separate story, this issue).

Guy Coughlan, JP Morgan's London

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