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"Though our resilient businesses and strong capital base put us in a good position, we remain cautious.
Moody's said in a statement that it made the decision based on New York Life's leading market position, strong capital base and stable and predictable business.
Even before it sold 75 million shares for $26.50 a share Wednesday, it had some $4 billion more than the level associated with a strong capital base.
Lloyds said a deal with investors would "increase the group's capital ratios to an appropriate level of strength and flexibility, and would provide a strong capital base for the future stability and success of the Group.
The extraordinary fall in the HBOS share price forced the bank to issue a statement insisting it had a "strong capital base" which helped stem some of the slide.
Administrators claimed it has a broad range of experts backed up by a strong capital base that allows them to buy up debt or stock or invest in extras, such as new IT systems, which can produce the best results.
Similar(38)
Moody's issued a report on Thursday stating that the large nationwide insurers had "diversified exposures and strong capital bases to withstand" payouts related to the storm.
What's more, a permanently stronger capital base may be required to reassure customers.
A stronger capital base, courtesy of MTFG, should allow UFJ to write off its worst loans.
"The bank will use its stronger capital base to meet this demand".
New York can stand apart from other states only by offering a better trained workforce, a stronger capital base and better public services.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com