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S&P may downgrade ratings on Nikko Cordial Securities.

Publication: Japan Weekly Monitor
Publication Date: 10-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 3 Kyodo

Standard & Poor's Corp. (S&P) said Monday it may downgrade its BBB-plus long-term rating and A-2 short-term ratings on Nikko Cordial Securities Inc.

''The rating action reflects the cancellation since November 29 of a large number of money management funds that are management by Nikko...

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