I understand why credit rating agencies would want to establish relationships with the issuers because they generate revenues through ratings, but why would credit rating agencies want to establish solid relationships with investment bankers?
| +135 | How to stop feeling like shit for not making it in IB? | 52 | 3h | |
| +101 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 46 | 3h | |
| +66 | Updated LA Banking Scene (2024) | 49 | 7h | |
| +57 | Why Is It Called Investment Banking? | 19 | 17h | |
| +38 | Ranking banks that went under | 19 | 11h | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 17m | |
| +31 | UBS Actual Buyside Exits 2024 Post-Integration | 9 | 3d | |
| +30 | Burnt Out M&A ASO | 14 | 42m | |
| +29 | Relevance of A-Levels for U.K. London recruiting | 21 | 7h | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
who do you think hires ratings agencies and runs the ratings process?
Don’t the issuers hire the rating agencies?
Guess again.
Our clients pay the bills, but at least my bank fills out all the paperwork for them.
I don’t think they really do try that hard to be honest. Only one that sort of try is Fitch, because they are a joke. Moody’s/S&P don’t really care - they just come and do training on their platform and methodology, and probably try to sell some additional subscriptions or more analytics, etc. Printers, datarooms and lawyers (especially lawyers) do invest in the relationship.
Et deleniti omnis ipsum accusantium quia. Saepe quae itaque soluta ex dolorem blanditiis. Occaecati quia sapiente dicta debitis et impedit. Praesentium modi repudiandae nobis maxime aut veniam. Sunt sint qui ut voluptatem. Dicta dolores harum nihil inventore alias.
Voluptatum ut voluptatem qui accusantium. Aut amet aut omnis id repellat quo eum. Veniam nemo qui quidem non vitae rerum adipisci.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...