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 […]
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 […]
Scope Ratings’ hint to possible additional payments by Greensill Bank to the Berlin rating agency leaves questions unanswered.
The Federal Financial Supervisory Authority (BaFin) had issued a ban for Greensill Bank AG on disposals and payments as there is an imminent risk that the bank will become over-indebted. Beyond the bank, the effects […]
Bank is closed due to lack of evidence of the existence of receivables in its balance sheet.
More details are becoming known about the recent bank and corporate failures in Germany.
A bond fund rating is not a bank issuer rating.
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 Berlin rating agency Scope has top politicians on board who are already drawing high pensions. These politicians now indirectly cost the taxpayer even more.
The multi-layered shareholder structure allows for an ingenious business model.
In Germany, the Greensill Bank is likely to be one of the most expensive cases ever.
Inconspicuous elimination of a Scope Advisory Board Member. “The Scope Advisory Board brings together internationally renowned personalities, who act as ambassadors for Scope in its mission to become the alternative European rating agency. The Advisory […]
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 […]
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 scandal with the Greensill Bank brings back earlier scandals by the same rating agency to mind. How close can relationships be without being a problem for the rating and for the rating agency? What […]
Scope Group is not at all related to the transformation of the regions along the Ruhr and Saar Rivers and in Ibbenbüren.