Standard and Poor's

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Related to Standard and Poor's: Standard and Poor's Index, Standard and Poor's 500 Index, Standard and Poor's Ratings

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Noun

Standard and Poor's - a broadly based stock market index

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Some in the second and third tiers of bank mad company management still criticize openly the "display of colonial attitudes of raters" and their unwillingness to take into account the special characteristics in European accounting, disclosure, and management practices." So it doesn't come as a surprise that in the case of Standard and Poor's, relations with corporate and banking clients in Germany have deteriorated so much that the agency found it necessary to host a goodwill dinner to mend soured relations with Europe's largest financial sector.

Das empire strikes back: German banks have had enough of Standard and Poor's and other agencies, and they're not going to take it any more