Tag: Moody's Corporation

• Friday, May 7th 2010 - 00:47 UTC

  Greek Contagion Threatens South Europe and UK Banks Warns Rating Agency

  

  Banks in the United Kingdom and Europe risk their credit ratings being damaged because of “contagion” from Greece's debt crisis, a ratings agency has warned. Moody's said banking systems faced “very real, common threats” if doubts were raised about their governments' abilities to pay debts. It referred specifically to UK, Irish, Italian, Portuguese and Spanish banking systems.

• Saturday, April 24th 2010 - 08:08 UTC

  Brazil to Sell Bonds in Global Markets Given Lowest Borrowing Costs Since 2007

  

  Brazil plans to sell bonds in international markets in coming weeks, taking advantage of the lowest borrowing costs since October 2007, Treasury Secretary Arno Augustin said.

• Saturday, April 24th 2010 - 07:05 UTC

  US Credit Agencies Influenced by Banks that Paid Their Fees, Says US Senate

  

  The behaviour of two credit rating agencies in the run-up to the financial crisis has been criticised by US senators following an investigation.