Fitch: Italy Mortgage Guarantee Scheme Unlikely to Spur Lending
Mar 03, 2015 12:16 pm UTC| Research & Analysis
The Italian governments new scheme to guarantee mortgages to specific types of borrower is unlikely to have a major impact on new lending volumes, Fitch Ratings says. It reduces the credit risk (and hence the capital...
Fitch: Oil Trading Houses To Benefit From Volatility In 2015
Mar 03, 2015 11:56 am UTC| Research & Analysis
Trading houses such as Glencore, Vitol and Trafigura are likely to report healthy earnings in 2015 as they benefit from volatile oil prices, Fitch Ratings says. But this will not have a significant impact on our assessment...
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...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects