Fitch: Credit Growth Turns Positive in Developed World; Mixed Pace in EMs

Mar 03, 2015 10:24 am UTC| Research & Analysis

Fitch Ratings says in its latest Macro-Prudential Risk Monitor that global real lending growth picked up slightly to 4.8% in 2014, helped by the first increase in the developed world since 2010. However, overall growth is...

Moody's: Development prospects for China's securitization market robust

Mar 03, 2015 02:17 am UTC| Research & Analysis

Moodys Investors Service says that the outlook for Chinas securitization market is robust, given the authorities initiatives to develop the countrys capital markets, as exemplified in the recent raft of reforms, the...

Fitch: Canada's big banks hold profits; oil and rates manageable

Mar 02, 2015 19:20 pm UTC| Research & Analysis

Five of the six largest Canadian banks reporting earnings thus far showed mixed profit performance in the first fiscal quarter, with the de minimus impact from oils declines, says Fitch Ratings. Canadas surprise January...

Moody's takes rating actions on ten Russian banks

Mar 02, 2015 17:42 pm UTC| Research & Analysis

Moodys Investors Service has today taken rating actions on 10 Russian banks reflecting the deterioration in the operating environment in Russia (Ba1 negative), which negatively impacts the banks financial fundamentals....

Moody's changes outlook on Ireland's banking system to stable from negative

Mar 02, 2015 17:06 pm UTC| Research & Analysis

The outlook for Irelands banking system has been changed to stable, replacing the negative outlook that had been in place since 2008, says Moodys Investors Service. The stable outlook reflects the strengthening of banks...

Fitch: Singapore, HK - Diverging Responses to Similar Challenges

Mar 02, 2015 02:12 am UTC| Research & Analysis

The Hong Kong and Singapore budgets released last week highlight some of the long-term economic challenges facing both cities. However, public finances should remain substantial credit strengths for both sovereigns over...

Moody's: India's budget prioritizes growth over fiscal consolidation

Mar 02, 2015 01:05 am UTC| Research & Analysis

Moodys Investors Service says that Indias budget, which prioritizes growth over deficit reduction, is unlikely to materially change Indias sovereign credit profile, which is supported by the economys robust growth, but...