Sentence examples for asset deterioration from inspiring English sources

It said labour market reforms were "incomplete" and there was the likelihood of further asset deterioration for Spanish banks.

"The liquidity measures are not a silver bullet, given the seriousness of the financial system problems from asset deterioration and lack of trust between banks," Mike Gallagher, head of research at IdeaGlobal, wrote in a note.

In a release issued Wednesday by Fitch, Charlene Chu, the firm's senior director for financial institutions in China, said that the financial positions of Chinese banks were more strained than they appeared to be and that "future asset quality deterioration is a near certainty".

Despite JPMorgan's relatively more stable businesses, Moody's Investors Service cut the bank's ratings Thursday to double-A-3 from double-A-2, citing the "poor prospect" of Morgan generating capital in the current recession as well as "broad challenges," including higher loan loss reserving and asset value deterioration.

Zurich, the biggest insurance company in Switzerland, said the loss would result from the terrorist attacks in the United States, asset impairment charges, lower investment income, higher than expected nonlife insurance claims and the deterioration in the results of discontinued operations.

"The sharp deterioration in commodity prices in the second half of the year has led us to recognise significant asset impairment charges in the fourth quarter," said the group's interim executive chairman Andrew Gould.

Deutsche Bank warned that further write-downs of assets, and the deterioration of the broader economy, meant that it could fall short of its target of pretax profits of 8.4 billion euros ($13.1 billion) in 2008.

In terms of wealth and assets, the recent deterioration nationally, driven by the economic collapse, has been most severe among blacks and Hispanics, although whites have certainly not been exempt.

In private equities, the deterioration of asset quality led to write-downs of investments.

Anglo Irish's results "reflect a marked deterioration in asset quality at the bank since it was nationalized," Finance Minister Brian Lenihan said Friday.

The ratings agency surveyed 20 SIVs since Nov. 7 and expanded its review after noticing "significant additional deterioration" in asset values, according to a statement.