Posts Tagged ‘downgrades’

Fitch downgrades world’s top banks

Fitch downgraded the debt rating of nine of the world’s leading banks including Bank of American and Goldman Sachs. View full post on Banking Stories

Moody’s downgrades top three French banks

Moody’s announced Friday it was downgrading the credit rating of all three of France’s top banks because of the difficulty they have borrowing money. View full post on Banking Stories

European Stocks Drop as S&P Puts 15 Euro-Area Nations on Review

European stocks fell, snapping two days of gains for the benchmark Stoxx Europe 600 Index, as Standard & Poor’s put 15 euro-area nations on watch for potential rating downgrades. View full post on Finance Stories

UK faces bigger financial black hole

Office of Budget Responsibility downgrades its estimate of Britain’s economic potential over the next few years View full post on UK Business Stories

Fitch downgrades Royal Bank of Scotland and Lloyds Banking Group

Credit rating company Fitch has downgraded two banks in the United Kingdom. View full post on Banking Stories

S&P downgrades Italy: what the analysts say

Global financial markets are bracing themselves for another day of turmoil on Tuesday after credit ratings agency Standard & Poor’s downgraded Italy late on Monday night. Here is what some top analysts said about S&P’s decision. View full post on UK Business Stories

S&P downgrades US debt to AA+

Global equity markets suffered their worst week since the depths of the financial crisis, after a better-than-expected US jobs data failed to lift the gloom View full post on UK Business Stories