Moody's delays new bank rating methodology

Moody’s Investors Service has delayed implementation of proposed revisions to its bank rating methodology in order to allow more time to review the comments received, refine its proposals and solicit further feedback from market participants.

The agency’s September request for comment on its proposed methodology for bank financial strength ratings (BFSRs) met with an overwhelming response. Under the new system, financial issuers will receive a BFSR based on their stand-alone creditworthiness

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