Fitch: EU Bank Bail-In Rules May Change Short-Term Investor Behaviour
Apr 30, 2015 12:44 pm UTC| Research & Analysis
EU bank short-term (ST) debt is as vulnerable to bail-in as long-term debt in the event of bank resolution, says Fitch Ratings. This could lead to ST investors changing their behaviour, preferring exposure to EU operating...
Moody's: Impact of Greek exit from euro area should not be underestimated
Apr 30, 2015 09:22 am UTC| Research & Analysis
The direct economic and financial impact of a Greek exit from the euro area would be small, but an exit would undermine the euro areas longer-term resilience somewhat and could yet trigger a more immediate confidence...
Fitch: No Impact on Japanese SF Ratings from Sovereign Downgrade
Apr 30, 2015 07:46 am UTC| Research & Analysis
Fitch Ratings says that the recent downgrade of Japans sovereign rating to A with Stable Outlook from A+ on Rating Watch Negative has no impact on any of the public ratings of Fitch-rated structured finance (SF)...
Fitch: US Rate Rise Risks to Large EMs Shift Since Taper Tantrum
Apr 30, 2015 04:06 am UTC| Research & Analysis
Several large emerging markets remainvulnerable to US monetary tightening two years after the "Taper Tantrum", butshifts in macroeconomic backdrops and policy trends have helped relativevulnerabilities diverge, Fitch...
Moody's downgrades Greece's government bond rating to Caa2 from Caa1; outlook negative
Apr 30, 2015 03:49 am UTC| Research & Analysis
Global Credit ResearchMoodys Investors Service has today downgraded Greeces government bond rating to Caa2 from Caa1. The short-term rating is unaffected by this rating action and remains at Not Prime(NP).The outlook on...
Fitch: Nordic Banks' Wholesale Funding Stable But Not Risk Free
Apr 29, 2015 13:44 pm UTC| Research & Analysis
Nordic banks reliance on wholesale funding exposes them to risks, but these are not a major threat to their credit quality, Fitch Ratings says. The risks are mitigated by deep and liquid domestic debt capital markets, the...
Moody's: Decline in credit quality of sovereign issuers in advanced economies levels off in 2014
Apr 29, 2015 12:35 pm UTC| Research & Analysis
A study of the rating and default histories of 128 Moodys-rated governments during the last 31 years shows that the decline in credit quality among advanced economies has leveled off, says Moodys Investors Service in a...
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