Fitch: Large U.S. Banks Benefit from Volatility, M&A
May 04, 2015 14:30 pm UTC| Research & Analysis
Volatility in currencies, commodities and equities drove a 48% quarter-over-quarter increase in capital markets revenue for the five largest U.S. banks, according to Fitch Ratings. Advisory revenues also remained strong, a...
Fitch: Russia Rate Cuts, Budget Show Shifting Policy Response
Apr 30, 2015 18:43 pm UTC| Research & Analysis
The Central Bank of Russias (CBR) policy rate cut and recent revisions to the 2015 budget come as pressure from external shocks eases but does not disappear, Fitch Ratings says. Economic policy coherence and credibility...
Moody's affirms Canadian bank ratings and assigns counterparty risk assessments
Apr 30, 2015 18:24 pm UTC| Research & Analysis
Moodys Investors Service has today affirmed the long-term ratings on the six largest Canadian banks and two other deposit-taking issuers, as well as the negative outlook for the supported senior debt and uninsured deposit...
Moody's downgrades Greek banks' deposit ratings to Caa3; negative outlooks
Apr 30, 2015 16:13 pm UTC| Research & Analysis
Moodys Investors Service has today downgraded to Caa3 from Caa2 the long-term deposit and senior debt ratings of three Greek banks: Piraeus Bank S.A., National Bank of Greece S.A., Alpha Bank AE. At the same time, the...
Fitch: Most Russian Banks Don't Need FX Forbearance
Apr 30, 2015 16:11 pm UTC| Research & Analysis
Only five of Russias 100 largest banks might struggle to meet capital adequacy ratios if exchange-rate forbearance was withdrawn today, says Fitch Ratings. The bulk of forbearance measures introduced by the Central Bank of...
Fitch Report: Mexican Bond Funds with the Highest Performance
Apr 30, 2015 15:54 pm UTC| Research & Analysis
Fitch Ratings special report Bond Funds with the Highest Performance, identifies bond investment funds (BIFs) with the highest three-year compound annual return (3y-CAR) at the end of December 2014, based on a comparison...
Apr 30, 2015 13:20 pm UTC| Research & Analysis
If Greece (Caa2 negative) were to exit the euro, Greek covered bonds applicable law would protect investors insofar as they are still likely to receive payments in euros, says Moodys Investors Service. However, in the...
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