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S&P cuts Spain credit rating to near junk
New York City :: NY :: USA | 8 months ago
Credibility
Standard & Poor's on Wednesday cut Spain 's sovereign credit rating by two notches to BBB-minus, citing a deepening economic recession that is limiting the government's policy options to arrest the slide. The downgrade comes with a negative outlook
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Illinois AG sues S&P over mortgage ratings
New York City :: NY :: USA | over 1 year ago
Credibility
Tribune staff reporter The nation's largest credit agency, Standard & Poor's, violated Illinois law when it assigned its highest credit rating to risky mortgage-backed investments in the years leading to the collapse of the housing market, Attorney
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S&P downgrade may spark tougher EU ratings curbs (Reuters)
London :: CA :: USA | over 1 year ago
Credibility
Standard & Poor's credit rating downgrades of nine euro zone countries will fuel attempts by European Union lawmakers to slap stricter curbs on sovereign ratings. The bloc's financial services chief Michel Barnier proposed in November a third set of
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S&P offers to cap license fees to end probe: EU (Reuters)
Brussels :: Belgium | 2 years ago
Credibility
Standard & Poor's has offered to cap its licensing fees to end an antitrust investigation, EU regulators said on Monday, in a move that could help the credit ratings agency avert a possible fine...The regulatory charges followed complaints by several
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