NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has released a new research report entitled “Credit Card Banks: A Fresh Perspective on Risk.” The report examines how legacy rating agencies weigh the risks of credit card banks, including the notion that these companies bear “monoline” business risk. KBRA reviews this and other risks and makes the following key points: The monoline label—and the risk that is implied in it—is misplaced when it comes to credit card banks. The performance
