April 6, 2012 / 6:30 PM / 5 years ago

TEXT-S&P corrects LaSalle Bank, LaSalle Bank Midwest ratings

April 6 - Standard & Poor's Ratings Services today corrected its long-term
issuer credit ratings on LaSalle Bank N.A. and LaSalle Bank Midwest N.A. to 'A'
from 'A+,' as both of these entities were merged into Bank of America N.A.
(A/Negative/A-1) on Oct. 17, 2008. We are also withdrawing all ratings on
LaSalle Bank N.A. and LaSalle Bank Midwest N.A.	
 	
 	
RATINGS LIST	
	
Ratings Lowered	
                             To                From	
LaSalle Bank N.A.	
LaSalle Bank Midwest N.A.	
 Issuer Credit Rating        A/Negative/A-1    A+/Negative/A-1	
 CD                          A/A-1             A+/A-1	
	
Ratings Subsequently Withdrawn	
                             To                From	
LaSalle Bank N.A.	
LaSalle Bank Midwest N.A.	
 Issuer Credit Rating        NR/NR             A/Negative/A-1	
 CD                          NR/NR             A/A-1   	
 	
NR--Not rated.	
	
Complete ratings information is available to subscribers of RatingsDirect on 	
the Global Credit Portal at www.globalcreditportal.com. All ratings affected 	
by this rating action can be found on Standard & Poor's public Web site at 	
www.standardandpoors.com. Use the Ratings search box located in the left 	
column.	
	
Primary Credit Analyst: John K Bartko, New York (1) 212-438-7368;	
                        john_bartko@standardandpoors.com	
Secondary Contact: Matthew Albrecht, CFA, New York (1) 212-438-1867;	
                   matthew_albrecht@standardandpoors.com	
	
	
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 Time           USN   User    Headline
 06/04/2012     WNA4  WE      S&P CORRECTS RTGS ON LASALLE BANK AND
 14:19:59       24    SCRIPT  LASALLE BANK MIDWEST
 NEW YORK (Standard & Poor's) April 6, 2012--Standard & Poor's Ratings Services
today corrected its long-term issuer credit ratings on LaSalle Bank N.A. and
LaSalle Bank Midwest N.A. to 'A' from 'A+,' as both of these entities were
merged into Bank of America N.A. (A/Negative/A-1) on Oct. 17, 2008. We are also
withdrawing all ratings on LaSalle Bank N.A. and LaSalle Bank Midwest N.A.
RATINGS LIST Ratings Lowered To From LaSalle Bank N.A. LaSalle Bank Midwest N.A.
Issuer Credit Rating A/Negative/A-1 A+/Negative/A-1 CD A/A-1 A+/A-1 Ratings
Subsequently Withdrawn To From LaSalle Bank N.A. LaSalle Bank Midwest N.A.
Issuer Credit Rating NR/NR A/Negative/A-1 CD NR/NR A/A-1 NR--Not rated. Complete
ratings information is available to subscribers of RatingsDirect on the Global
Credit Portal at www.globalcreditportal.com. All ratings affected by this rating
action can be found on Standard & Poor's public Web site at
www.standardandpoors.com. Use the Ratings search box located in the left column.
Primary Credit Analyst: John K Bartko, New York (1) 212-438-7368;
john_bartko@standardandpoors.com Secondary Contact: Matthew Albrecht, CFA, New
York (1) 212-438-1867; matthew_albrecht@standardandpoors.com No content
(including ratings, credit-related analyses and data, model, software, or other
application or output therefrom) or any part thereof (Content) may be modified,
reverse engineered, reproduced, or distributed in any form by any means, or
stored in a database or retrieval system, without the prior written permission
of Standard & Poor's Financial Services LLC or its affiliates (collectively,
S&P). The Content shall not be used for any unlawful or unauthorized purposes.
S&P and any third-party providers, as well as their directors, officers,
shareholders, employees, or agents (collectively S&P Parties) do not guarantee
the accuracy, completeness, timeliness, or availability of the Content. S&P
Parties are not responsible for any errors or omissions (negligent or
otherwise), regardless of the cause, for the results obtained from the use of
the Content, or for the security or maintenance of any data input by the user.
The Content is provided on an "as is" basis. S&P PARTIES DISCLAIM ANY AND ALL
EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, FREEDOM FROM BUGS,
SOFTWARE ERRORS OR DEFECTS, THAT THE CONTENT'S FUNCTIONING WILL BE
UNINTERRUPTED, OR THAT THE CONTENT WILL OPERATE WITH ANY SOFTWARE OR HARDWARE
CONFIGURATION. In no event shall S&P Parties be liable to any party for any
direct, indirect, incidental, exemplary, compensatory, punitive, special or
consequential damages, costs, expenses, legal fees, or losses (including,
without limitation, lost income or lost profits and opportunity costs or losses
caused by negligence) in connection with any use of the Content even if advised
of the possibility of such damages. Credit-related and other analyses, including
ratings, and statements in the Content are statements of opinion as of the date
they are expressed and not statements of fact. S&P's opinions, analyses, and
rating acknowledgment decisions (described below) are not recommendations to
purchase, hold, or sell any securities or to make any investment decisions, and
do not address the suitability of any security. S&P assumes no obligation to
update the Content following publication in any form or format. The Content
should not be relied on and is not a substitute for the skill, judgment, and
experience of the user, its management, employees, advisors, and/or clients when
making investment and other business decisions. S&P does not act as a fiduciary
or an investment advisor except where registered as such. While S&P has obtained
information from sources it believes to be reliable, S&P does not perform an
audit and undertakes no duty of due diligence or independent verification of any
information it receives. To the extent that regulatory authorities allow a
rating agency to acknowledge in one jurisdiction a rating issued in another
jurisdiction for certain regulatory purposes, S&P reserves the right to assign,
withdraw, or suspend such acknowledgement at any time and in its sole
discretion. S&P Parties disclaim any duty whatsoever arising out of the
assignment, withdrawal, or suspension of an acknowledgment as well as any
liability for any damage alleged to have been suffered on account thereof. S&P
keeps certain activities of its business units separate from each other in order
to preserve the independence and objectivity of their respective activities. As
a result, certain business units of S&P may have information that is not
available to other S&P business units. S&P has established policies and
procedures to maintain the confidentiality of certain nonpublic information
received in connection with each analytical process. S&P may receive
compensation for its ratings and certain analyses, normally from issuers or
underwriters of securities or from obligors. S&P reserves the right to
disseminate its opinions and analyses. S&P's public ratings and analyses are
made available on its Web sites, www.standardandpoors.com (free of charge), and
www.ratingsdirect.com and www.globalcreditportal.com (subscription), and may be
distributed through other means, including via S&P publications and third-party
redistributors. Additional information about our ratings fees is available at
www.standardandpoors.com/usratingsfees. Any Passwords/user IDs issued by S&P to
users are single user-dedicated and may ONLY be used by the individual to whom
they have been assigned. No sharing of passwords/user IDs and no simultaneous
access via the same password/user ID is permitted. To reprint, translate, or use
the data or information other than as provided herein, contact Client Services,
55 Water Street, New York, NY 10041; (1) 212-438-7280 or by e-mail to:
research_request@standardandpoors.com. Copyright (c) 2012 by Standard & Poor's
Financial Services LLC. All rights reserved. In addition to CreditWire, Standard
& Poor's also offers RatingsDirect, the online source for real-time, objective
credit ratings and research; and RatingsXpress, a real-time, customizable
digital feed of credit information. If you are interested in becoming a
subscriber and would like more information on Standard & Poor's real-time
information products and services, please call: HONG KONG (852) 2533-3500;
LONDON (44) 20-7176-7176; MELBOURNE (61) 3-9631-2000; NEW YORK (1) 212-438-7280;
PARIS (33) 1-4420-6758 NORMAL RATINGS S&P Corrects Rtgs On LaSalle Bank And
LaSalle Bank Midwest yes

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