Quantcast

Posts related to ‘Fitch’

greek flag

A Rare Credit Rating Upgrade for Greece: The Impossible Comes True

Posted: May 14, 2013 at 12:30 pm

The sovereign credit ratings of Greece and other PIIGS from the major ratings agencies have generally gone in one direction in recent years. Downward and onward. This is almost hard to ...
Read Full Story »
78489302

Fitch Downgrades U.K., Another Lost AAA Rating

Posted: April 19, 2013 at 12:19 pm

We have argued for years that being Triple-A rated is not what is used to be. Still, when countries lose their highly prized "AAA" rating it is worth a real ...
Read Full Story »

Fitch Cuts Japan To “A+”

Posted: May 22, 2012 at 6:11 am

Credit rating agency, Fitch Ratings, cut Japan's sovereign ratings to "A+", and posted its outlook as "negative." It is one in a long line of downgrades in the ratings of ...
Read Full Story »

Fitch Downgrades The Entire World

Posted: December 12, 2011 at 12:49 pm

Research firm Fitch downgraded its forecasts for the growth rate of almost every region in the world. It is yet another warning that the slowdown in the EU economy has ...
Read Full Story »

Fitch Downgrades Portugal

Posted: November 24, 2011 at 7:20 am

Rating firm Fitch has downgraded Portugal's sovereign paper to BB- from BBB-. This means the rating has moved into the "junk bond" category. According to MarketWatch, Fitch said another cut ...
Read Full Story »

The Last AAA Countries (And Those At Risk)

Posted: August 4, 2011 at 4:36 am

The markets have been roiled recently by the debt ceiling debate, the potential debt downgrade of the U.S., and the likely new recession that will come from the austerity measures. ...
Read Full Story »

Media Digest (7/14/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: July 14, 2011 at 6:20 am

The EU has reached no decision on Greece. The IMF favors private sector involvement (Reuters) Japan warned about the economic results of the rapid rise in the yen (Reuters) The ...
Read Full Story »

An Ombudsman For Credit Rating Agencies

Posted: July 11, 2011 at 6:42 am

The president of Portugal recently said that credit ratings agencies have too much power. The agencies' comments have thrown Europe's financial health into question, particularly the ability of Greece, Portugal ...
Read Full Story »

In Moody’s Action On Japan Another Blow To Stimulus

Posted: May 31, 2011 at 6:20 am

Moody's put Japan's sovereign debt on credit watch with "review for a possible downgrade." The agency wrote: The review has been prompted by heightened concern that faltering economic growth prospects ...
Read Full Story »

Credit Ratings Finally Get Leashed

Posted: May 19, 2011 at 6:36 am

The actions of Moody's, Standard & Poor's, and Fitch helped trigger the greatest credit crisis of all time. Each has been investigated and dragged before Congress because of AAA ratings ...
Read Full Story »

Fitch Downgrades Muammar Gaddafi’s Libya

Posted: February 21, 2011 at 12:30 pm

For once, a major credit ratings agency was not weeks or months behind making a downgrade of a worsening economic situation "Fitch Downgrades Libya to 'BBB', Negative Watch", the agency ...
Read Full Story »

Moody’s Warning On US Debt Rating Ignored By Congress

Posted: December 13, 2010 at 12:45 pm

Moody's says that plans by Congress and the Administration to extend tax cuts may stimulate the US economy for the next year. That will be the end of the positive ...
Read Full Story »

Fitch May Cut Ratings Of Large Banks

Posted: October 23, 2010 at 8:04 am

Financial regulatory measures may have finally caught up to the ability of some large banks to stabilize their balance sheets. This problems sits side-by-side with the foreclosure document scandal which ...
Read Full Story »

Moody’s Dodges The SEC Bullet On Inflated Ratings Issue

Posted: September 1, 2010 at 6:15 am

The management and investors of Moody's Investment Services can breathe a sigh of relief. The SEC will not pursue charges against the company for its inflation of the ratings on ...
Read Full Story »