A new S&P bank rating system could result in downgrades of the world’s top banks.
Entries Tagged as 'credit rating'
S&P Announces New Credit Rating System for Banks
November 25th, 2011 · No Comments · Banking
Tags: banks·credit·credit rating·credit rating system·Debit Card·debit card fee·S&P
U.S. Facing Another Credit Downgrade Before End of Year?
October 24th, 2011 · No Comments · Economy
Will the U.S. face another S&P credit downgrade if Congress fails to reduce the deficit $1.5 trillion?
Tags: AA+·AAA·bank of america·Congress·credit·credit rating·deficit·Merrill Lynch·S&P·super committee·U.S. credit rating
Moody’s Cuts Credit Ratings of 3 Major U.S. Banks
September 23rd, 2011 · 3 Comments · Banking
This week, Moody’s announced its rating downgrade of three major U.S. banks, based largely on the impact of Dodd-Frank financial reform.
Tags: bank of america·Citigroup·credit·credit rating·credit ratings·Dodd-Frank·financial reform·Moody's·ratings downgrade·Wells Fargo
Letter Strengthens SEC Probe Into Moody’s Credit Rating Agency
August 22nd, 2011 · No Comments · Mortgages
A letter from a former Moody’s analyst strengthen’s the SEC probe into shady practices alleged against the credit rating agency – practices that, if true, directly contributed to the housing crisis.
Tags: credit rating·Department of Justice·housing crisis·letter·Moody's·recession·S&P·SEC·William Harrington
