10.01.2013 23:55:00
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Western Alliance Bancorporation -- Moody's affirms Ba1 deposit rating of Bank of Nevada
New York, January 10, 2013 -- Moody's Investors Service affirmed the ratings of Bank of Nevada, a bank subsidiary of Western Alliance Bancorporation (senior Ba3). Bank of Nevada is rated Ba1 and Not Prime for long-term and short-term deposits, respectively, and Ba2 for other senior obligations and issuer ratings. Its standalone bank financial strength rating (BFSR)/baseline credit assessment (BCA) is D+/ba1. The rating outlook is stable.