DBRS: Financial Institutions

DBRS Ratings of Old National Unchanged After 4Q11 Results � Senior at BBB (high); Trend Stable	Feb 3, 2012
DBRS Comments on Nordea Group�s 4Q11 Results � Senior Unaffected at AA, Trend Stable	Feb 3, 2012
DBRS Assigns B (high) Rating to CIT Group Inc.�s Series C Notes, Trend Positive	Feb 3, 2012
DBRS Releases Report on Caixa Geral de Dep�sitos, S.A.	Feb 3, 2012
DBRS Ratings of Hancock Holding Company Unchanged at A (low) after 4Q11 Results; Negative Trend	Feb 2, 2012
DBRS Ratings of Susquehanna Unchanged after 4Q11 Results � Senior at BBB (high), Negative Trend	Feb 2, 2012
DBRS Confirms ETRADE at B (high), ETRADE Bank at BB; Trend Revised to Stable	Feb 2, 2012
DBRS Comments on Cullen/Frost�s 4Q11 Results; Ratings Unchanged � Senior at �A�, Stable Trend	Feb 1, 2012
DBRS Comments on Pacific Capital Bancorp�s 4Q11 Results - Senior at B (high)	Jan 31, 2012
DBRS Lowers Caixa Geral de Dep�sitos to BBB (low) After Downgrade of Portugal to BBB (low)	Jan 31, 2012

Caixa Geral de Dep�sitos, S.A.	Feb 3, 2012
National Australia Bank Limited	Jan 31, 2012
Standard Chartered plc	Jan 31, 2012
Westpac Banking Corporation	Jan 30, 2012
Rabobank Nederland	Jan 25, 2012
ING Bank N.V.	Jan 25, 2012
Svenska Handelsbanken AB (publ)	Jan 24, 2012
Australia and New Zealand Banking Group Limited	Jan 20, 2012
Cullen/Frost Bankers, Inc.	Jan 12, 2012
UBS AG	Jan 4, 2012

Issuer	Debt Rated	Action	Rating	Trend	Date
E*TRADE Financial Corporation	Issuer & Senior Debt	Trend Change	B (high)	Stb	Feb 2, 2012
E*TRADE Bank	Deposits & Senior Debt	Trend Change	BB	Stb	Feb 2, 2012
E*TRADE Financial Corporation	Subordinated Debt	Trend Change	B	Stb	Feb 2, 2012
E*TRADE Bank	Short-Term Instruments	Confirmed	R-4	Stb	Feb 2, 2012
E*TRADE Financial Corporation	Short-Term Instruments	Trend Change	R-4	Stb	Feb 2, 2012
Caixa Geral de Dep�sitos, S.A.	Short-Term Debt & Deposit	Downgraded	R-2 (middle)	Neg	Jan 31, 2012
Caixa Geral de Dep�sitos, S.A.	Senior Long-Term Debt & Deposit	Downgraded	BBB (low)	Neg	Jan 31, 2012
ESFIL � Esp�rito Santo Financi�re S.A.	Guaranteed Senior Notes	Downgraded	BBB (low)	Neg	Jan 31, 2012
ESFIL � Esp�rito Santo Financi�re S.A.	Guaranteed Short-Term Instruments	Downgraded	R-2 (middle)	Neg	Jan 31, 2012
Esp�rito Santo Financial Group, S.A.	Senior Long-Term Debt	Downgraded	BBB (low)	Neg	Jan 31, 2012

DBRS U.S. Banks 4Q11 Earnings Roundup: Durbin, Margin Pressure and Weak Capital Markets Activity Slows Positive Momentum	Jan 31, 2012
DBRS: ECB Policies Ease Euro Area Funding Pressures	Jan 18, 2012
DBRS Corporate 2011 Year in Review and 2012 Outlook	Jan 10, 2012
Third Quarter 2011 Bank and Bank Holding Company Liquidity Study	Nov 22, 2011
DBRS U.S. Banks 3Q11 Earnings Roundup: Banks Maintain Momentum Despite All of the Negative Pressures	Oct 27, 2011
U.S. Banking Peer Group Statistical Handbook, 1H11	Sep 9, 2011
Second Quarter 2011 Bank and Bank Holding Company Liquidity Study	Aug 23, 2011
DBRS U.S. Banks 2Q11 Earnings Round-Up: Lower Credit Costs, Positive Op. Leverage & Return of Loan Growth Drive Better than Expected Results	Jul 29, 2011
First Quarter 2011 Bank and Bank Holding Company Liquidity Study	May 31, 2011
2010 U.S. Banking Statistical Handbook	May 6, 2011