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 a bank. The thoroughness of the analysis by credit rating analysts helps to understand the external view onto the company or onto the bank and to follow up on indications that work towards a deterioration in creditworthiness.
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^^^ RATING EVIDENCE GmbH 
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3 responses to “Two Are On The Supervisory Board Of Greensill Bank. Then Why Scope Ratings And Not GBB-Rating?”
In this context, a change at the National-Bank AG in Essen is worth mentioning: The term of office of the Supervisory Board members elected by the shareholders, Prof. Dr. Klaus Engel, Bernd Franken and Friedrich P. Kötter will end regularly at the end of this year’s Annual General Meeting. The supervisory board member Eberhard Kieser resigned his mandate prematurely at the end of this general meeting. His mandate would not have ended until the end of the annual general meeting in 2022.
[…] a former board member of the auditing association sat together with an investor and advisory board member of the rating agency in Berlin on the […]
[…] (BaFin) under the auspices of the Federal Ministry of Finance in Germany. The conditions at the rating agencies and the rating shopping for a more favorable rating also played an important role here, as shown in […]