The Financial Services Club is a unique service designed for Senior Executives and Decisionn Makers from a ny firm interested in understanding and planning for the future of Europe's financial markets. The Financial Services Club is a unique service designed for Senior Executives and Decision Makers from any firm interested in understanding and planning for the future of Europe's financial markets.
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Date: Tuesday, 02 November 2010

Title: How does a credit rating agency work?

Speaker: Roberto Rivero, Head of Market Development Rating Services, Standard & Poor’s

Background:

Roberto Rivero, Head of Market Development Rating Services, Standard & Poor’s

 

With the recent downgrading of Greece by Standard & Poor’s, the European markets imploded, Germany was subjected to a humiliating stand-down with France, the euro lost most of its value, and there were real concerns that the Eurozone may come to an end. 

 

These fears proved to be over-stated, but it did show the real power that credit rating agencies such as Standard & Poor’s have over the markets.

 

So what are credit rating agencies really all about and how do they work?

 

·         What is the role and meaning of a rating?

·         What have ratings firms learnt from recent market events?

·         What are the independent and regulatory measures being used to restore market confidence in ratings

·         A glimpse at what's to come: future trends

 

Roberto Rivero is responsible for Marketing and Investor Relations for Standard & Poor’s Rating Services in the EMEA region. His 25-year career has included senior positions in Sales, Marketing and Product Development.  More recent roles include Head of Sales & Marketing at the London Stock Exchange, Product Marketing Director at Fidessa and Head of Product Management & Marketing at Thomson Financial.



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