moody's
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Moody's Cuts Ratings on U.S. Banks: Are More Storm Clouds Gathering?
Moody's Downgrades 10 U.S. Banks; More Major Banks under Review Moody's, one of the three most influential credit rating agencies globally, announced on the evening of August 7th the downgrade of 10 medium and small U.S. banks. Furthermore, six larger banks have been placed under potential downgrade watch, and the outlook for 11 mainstream banks shifted from stable to negative. This news, along with discussions in Italy about a potential "windfall tax" on banks, weighed heavily on market sentiment last Tuesday. 
Moody's Downgrades 10 U.S. Banks; More Major Banks under Review Moody's, one of the three most influential credit rating agencies globally, announced on the evening of August 7th the downgrade of 10 medium and small U.S. banks. Furthermore, six larger banks have been placed under potential downgrade watch, and the outlook for 11 mainstream banks shifted from stable to negative. This news, along with discussions in Italy about a potential "windfall tax" on banks, weighed heavily on market sentiment last Tuesday. -
Moody's And Fitch Cut Sovereign Rating Of Russia To 'Junk'
Russian shares are also expected to be removed from all other indexes. 
Russian shares are also expected to be removed from all other indexes. -
Moody's Downgrades China Huarong Over $16 Billion Loss
Moody's Investor Service on Monday cut credit ratings for Chinese state-owned asset manager China Huarong Asset Management Co, citing the company's warning that it expects to book a net loss of nearly $16 billion for 2020. 
Moody's Investor Service on Monday cut credit ratings for Chinese state-owned asset manager China Huarong Asset Management Co, citing the company's warning that it expects to book a net loss of nearly $16 billion for 2020. -
Singapore Slammed: GDP Shrinks 41% As Pandemic Deals Body Blow To Economy
The data from Singapore, the first Asian country to report second-quarter GDP, points to one of the steepest economic downturns ever for the rest of region. 
The data from Singapore, the first Asian country to report second-quarter GDP, points to one of the steepest economic downturns ever for the rest of region. -
Moody's Tags Chinese Corporate Debt As ‘Biggest Threat’ To Global Economy
Corporate debt in China is rising to alarming levels. 
Corporate debt in China is rising to alarming levels.
