Moody's may downgrade Bank of America, Citi, Wells Fargo
The banks are considered by investors to be too big to fail after receiving government aid in 2008 to bolster the financial system.
Source: The Economic Times
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S&P warns of US downgrade
WASHINGTON - The United States' second debt downgrade warning in two days jacked up the stakes Thursday for the country's financial stability as politicians battled over how to cut the deficit.
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US Federal Debt Ceiling: Moody’s Downgrade Shows How to Trade It
The US Debt Ceiling represents a key risk to financial markets, but what does it mean for currencies and how can we trade it? Legislative deadlock threatens to place the US Treasury in a form of default...
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Bahrain central bank governor rebuts Moody’s downgrade
Bahrain’s central bank governor has rebutted concerns expressed by ratings agency Moody’s Investors Service about Bahrain’s financial sector, stressing that the country’s retail banks have seen...
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Bank of America, Wells fall, weigh on financials
NEW YORK (MarketWatch) - Shares of U.S. financial stocks slipped in early trade on Monday, with Wells Fargo & Co. , Citigroup Inc , Bank of America and J.P. Morgan Chase & Co. highlighting decliners....
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OSK downgrades Proton's earnings forecast
KUALA LUMPUR, May 26 (Bernama) -- OSK Research has downgraded Proton Holdings Bhd's earnings forecast for the next financial year by 21 per cent on the 50 per cent and 18 per cent cut in export volume...
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BRIEF-Moody's reviews ratings of selected UK finanial institutions for possible downgrade
May 24 (Reuters) - UK financial institutions: Moody's reviews ratings of selected UK financialinstitutions for possible downgrade.
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Dagong Downgrades The UK From AA- To A+, Outlook "Negative"
With everyone trading the GBP in the overnight session eagerly awaiting the leaked Moody's report that the rating agency, which has yet to be at least 2 years behind the curve, is set to downgrade "more...
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