Google Trends provides access to a largely unfiltered sample of actual search requests made to Google. It’s anonymized, because no one is personally identified. It is also categorized, i.e. determining the topic for a search […]
The “Scope Group” is a bunch of constant changes under company law. As a result of the Scope Ratings GmbH billion Euro scandal about Greensill Bank in Bermen, which was rated as “investment grade” for […]
A bond fund rating is not a bank issuer rating.
The multi-layered shareholder structure allows for an ingenious business model.
Scope Ratings’ hint to possible additional payments by Greensill Bank to the Berlin rating agency leaves questions unanswered.
In a week, the search queries for the Scope scandal have increased significantly.
The Berlin rating agency Scope has top politicians on board who are already drawing high pensions. These politicians now indirectly cost the taxpayer even more.
Instead of a low default risk, other reasons may have been decisive for the issuance of the extraordinarily good issuer rating. Usually the question of whether a credit rating is right or wrong cannot simply […]
A Complicated Choice Between Conflicts of Interest. The rating of an independent credit rating agency is a valuable source of information also for the supervisory board of a company, especially for the supervisory board of […]
An automated safety net for municipal investments has not existed since 2017. If municipalities do not want to set up extensive bond research departments themselves, in which financial analysts examine thousands of qualitative data and […]
The scandal surrounding Greensill Bank and the credit rating of Scope Ratings GmbH for this bank raises the question of how the situation at the Scope Group got out of control.
The Swiss Financial Market Supervisory Authority FINMA supervises financial institutions making use of the services of Credit Rating Agencies, e.g. for the capital-adequacy calculations carried out by banks. Supervised institutions can use ratings to meet […]
Inconspicuous elimination of a Scope Advisory Board Member.
Scope Group is not at all related to the transformation of the regions along the Ruhr and Saar Rivers and in Ibbenbüren.
More details are becoming known about the recent bank and corporate failures in Germany.
In Germany, the Greensill Bank is likely to be one of the most expensive cases ever.
17 municipalities commission the “Eckert Rechtsanwälte Steuerberater Partnerschaftsgesellschaft” and the law firm “Dentons Europe LLP”, based in Hanover and Berlin, to represent their interests in the Greensill scandal. The insolvency of Greensill Bank was in […]
The Federal Financial Supervisory Authority (BaFin) filed criminal charges Against The Bank’s Board Members. The Federal Financial Supervisory Authority (BaFin) in Germany received monthly reports from Greensill Bank AG (Greensill Bank) about the bank’s balance […]
For the first time, the European Securities and Markets Authority ESMA has reported a decline in market shares in Europe for both of the major US rating agencies. The authority thus discloses a remarkable development. […]
In the period leading up to the financial crisis in 2008, 2010 and so on, the European Commission considered to strengthen the regulatory and supervisory framework for Credit Rating Agencies (CRAs) in the European Union (EU), […]