Quotes- U.S. bank stocks slide after Moody’s ratings downgrade
By Nupur Anand NEW YORK (Reuters) – U.S. bank shares slid on Tuesday after Moody’s downgraded several small to mid-sized banks and said it may revise the credit ratings of…
By Nupur Anand NEW YORK (Reuters) – U.S. bank shares slid on Tuesday after Moody’s downgraded several small to mid-sized banks and said it may revise the credit ratings of…
By Steven Scheer JERUSALEM (Reuters) – Moody’s Investors Service said on Tuesday that passage of a new law in Israel limiting some Supreme Court powers signalled that political tensions will…
(Reuters) – Moody’s Corporation beat Wall Street estimates for second-quarter revenue on Tuesday, helped by steady demand from investors for its data, analytics and research services. Customer demand for the…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar’s dominance in international trade and finance will persist for decades despite new challenges and even when a more multipolar…
LONDON (Reuters) – Emerging economies will continue to suffer from the spillover of economic problems in the U.S., which are restricting their market access and pushing up financing costs, a…
By Matt Tracy WASHINGTON (Reuters) – Credit ratings agency Moody’s Investors Service Inc said on Wednesday it has pushed more highly indebted companies to the bottom of its junk ratings…
WARSAW (Reuters) – Moody’s has downgraded the long-term deposit ratings of mBank and changed the outlook to negative from “under review” citing risks stemming from the legacy of Swiss franc…
By Swati Bhat and Uditha Jayasinghe MUMBAI (Reuters) – Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilateral and global financial agencies, a…
(Reuters) – Ratings agency Moody’s on Friday downgraded the credit of First Republic Bank, citing deterioration in the bank’s financial profile and challenges faced by the lender due to increased…
(Reuters) – S&P Global on Friday raised its sovereign rating on Saudi Arabia to “A/A-1”, citing expected reform and diversification plans to boost development of the kingdom’s non-oil sector and…
(Reuters) – Ratings agency Moody’s on Monday downgraded the debt ratings of collapsed New York-based Signature Bank deep into junk territory and placed the ratings of six other U.S. banks…
(Reuters) – Rating’s agency Moody’s on Friday downgraded the ratings of SVB Financial Group and its bank subsidiary, Silicon Valley Bank. Moody’s slashed its credit ratings on Silicon Valley Bank’s…
(Reuters) – Chile’s rejection of a tax reform put forward by leftist President Gabriel Boric will complicate the country’s process of fiscal consolidation and gradually push up the country’s debt,…
MEXICO CITY (Reuters) – Climate change could cost Latin America nearly a fifth of its gross domestic product (GDP) by the end of the century without new policies to curb…
(Reuters) – Global ratings agency Moody’s cut Pakistan’s sovereign credit rating by two notches to ‘Caa3’ on Tuesday amid international loan negotiations, saying the country’s increasingly fragile liquidity “significantly raises…
By Mehnaz Yasmin (Reuters) – Citigroup Inc may see more net interest margin (NIM) pressure than the other four big U.S. banks this year due to its high deposit betas,…
By Matt Tracy (Reuters) – Moody’s Investors Service expects the U.S. corporate debt default rate to accelerate to nearly 6% by year-end from 2% in 2022, it said in a…
LIMA (Reuters) – Peru’s key economic and financial institutions remain resilient to political volatility, Moody’s analyst Jaime Reusche said Thursday after the country impeached and arrested one president and welcomed…
LONDON (Reuters) – Banks in countries such as Ukraine and Turkey face a “very high” risk from restrictions on capital flows, weak international reserves and a high level of foreign…
MEXICO CITY (Reuters) – Moody’s Investors Service on Wednesday said the debt loads of large Latin American sovereigns will likely stay high, constraining governments’ ability to support economic growth. The ratings…
By Juliette Portala (Reuters) – The outlook for credit conditions next year for non-financial companies in Europe, Middle East and Africa is negative, credit rating agency Moody’s said on Monday,…
PARIS (Reuters) – Moody’s Investors Service said on Friday it changed the outlook on French carmaker Renault’s ratings to stable from negative to reflect prospects of improved profitability from its…
LONDON (Reuters) – Britain’s budget plan for tax increases and tighter public spending announced on Thursday goes some way to restoring the country’s economic credibility, but risks remained due to…
MUMBAI (Reuters) – Rating agency Moody’s cut India’s growth projections for the current and next calendar year due to higher inflation, high interest rates and slowing global growth that, it…
ZURICH (Reuters) – S&P Global Ratings has downgraded Credit Suisse Group’s long-term issuer credit rating by one notch to BBB- and cut its view on main operating unit Credit Suisse…