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Tags: dubai, Greece, credit ratings, Fitch Ratings, Dubai World, ratings agency, fitch downgrades, Britain, debt problems, BBB, Athens, Business Finance, Government debt, Debt, Credit rating agency, Euro, Public finance, Credit rating, Deficit, Standard & Poor's, Eurozone, Bonds, Politics, Credit, Credit rating agencies, Moody's, Fitch Group, United States dollar, Investment grade, Economy of the European Union, Bond
THE credit ratings agency Standard & Poor's has moved to calm concerns over the balance sheet strength of Australia's banks after an overhaul in the way it measured risk and capital. Some banks named in the analysis are understood to have yesterday expressed...
Tags: S&P, Australian, credit ratings, ratings agency, Australia, Sydney, Business Finance, Bank, Banking, Credit rating agency, Subprime crisis background information, Capital requirement, Basel II Accord, Australia and New Zealand Banking Group, Causes of the financial crisis of 2007¬タモ2009, Subprime mortgage crisis, Asset quality, Standard & Poor's
The global ratings agency says it has withdrawn its retail licence application to preserve its analytical independence...S&P, and its competitors Moody's and Fitch, from any liability for their ratings published in these documents. The regulator will...
Tags: S&P, credit ratings, ASIC, ratings agency, New Zealand, Auckland, Moody's, Australian Financial Services Licence, Credit rating, Ombudsman, Business Finance, Credit rating agencies, Australian Securities and Investments Commission, Standard & Poor's
Britain is set to keep its top triple A credit rating, with the ratings agency Moody's expected to announce today that a downgrade is unlikely despite spiralling public debt. A downgrade, which would drive up the government's borrowing costs, looks to...
Tags: Moody's Investors Service, credit ratings, Britain, U.S, ratings agency
AP Russian Orthodox Church Patriarch Kirill addresses believers, who gather at Pochaev Lavra, in Pochaev, some 455 km west of Kiev, Ukraine, on Tuesday, Aug. 4, 2009. The head of the Russian Orthodox Church says he could become a Ukrainian citizen and...
Tags: Interfax-Ukraine, Patriarch Kirill, Yulia Tymoshenko, Ukrainian, AP Russian Orthodox Church, prime minister, Pochaev Lavra, Moscow, ratings agency, minister yulia
Warren Buffett's Berkshire Hathaway Inc. has trimmed its longtime stake in Moody's Corp., the credit-rating company that has come under sharp criticism for its role in the financial crisis. Berkshire cut its stake in Moody's to 16.98% from 20.02%, marking...
Tags: Billionaire Warren Buffett, Moody's Corp., Berkshire Hathaway Inc., Goldman Sachs Group, Mr. Buffett, ratings agency, million shares, regulatory filed
Fitch Ratings has cut its rating on regional banker Whitney Holding Corp. citing its nonperforming assets, much of them related to Florida real estate. The ratings house said Tuesday that Whitney's long-term issuer default rating had been dropped to BBB...
Tags: Fitch Ratings Inc., India, Whitney Holding Corp., negative outlook, TRW Automotive Inc., TRW Automotive Holdings Corp., ratings agency, BBB, public finances, First Horizon National Corp.
Global rating agency Fitch on Tuesday downgraded the credit rating of the real estate firm Unitech Ltd and placed it in the "default" category. Noting that financial restructuring was essential for Unitech to avoid a liquidity crunch and default in repayment...
Tags: Fitch Rates Wisconsin, Fitch Ratings, ratings agency, school district
Credit ratings agency Fitch has downgraded five UK building societies amid weak economic conditions. The agency has cut the long-term issuer default ratings at the Chelsea, Newcastle, Principality, West Bromwich and Yorkshire building societies. The agency...
Tags: West Bromwich Building Society, ratings agency, Fitch Ratings, Newcastle Building Society, credit ratings, Yorkshire Post, Chelsea Building Society, default ratings, Yorkshire Building Society, issuer default
The U.S. government is pressing creditors to accept cuts in General Motors Corp. and Chrysler LLC debt to avoid automaker bankruptcies, sources said...Treasury considered a previous GM offer to bondholders of about $8.5 billion in cash and new debt and...
Tags: Chrysler LLC, generous motors, General Motors Corp., Standard & Poor’s, U.S, ratings agency, S&P