(Bloomberg) — The head of one of the world’s largest asset managers called Moody’s Investors Service’s outlook cut for the US banking system “a terrible overreaction” and said regulators had rea...
Tag: Moodys
Moody’s negative outlook on China banks as country emerges from Covid-zero
Pictured here is Shanghai’s Lujiazui Financial District on June 7, 2022. Vcg | Visual China Group | Getty Images BEIJING — Ratings agency Moody’s said Wednesday it maintained a “nega...
Fed unlikely to raise rates at March meeting, Moody’s Analytics says
Moody’s Analytics chief economist Mark Zandi thinks the Federal Reserve is unlikely to raise interest rates at its March meeting as there is a “boatload of uncertainty” around the re...
Moody’s Downgrades Signature Bank to Junk while Putting More Banks Under Review
Moody’s also put the ratings of six other banks in the US under review. Ratings agency Moody’s has downgraded the debt ratings of recently collapsed Signature Bank (NASDAQ: SBNY) to junk amid the happ...
Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks – Bitcoin News
After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U...
Moody’s Puts First Republic, Five US Banks on Downgrade Watch
(Bloomberg) — Moody’s Investors Service placed First Republic Bank and five other US lenders on review for downgrade, the latest sign of concern over the health of regional financial firms follo...
Moody’s sees ‘significant governance deficiencies’ in Silvergate
Moody’s downgraded Silvergate for the second time in less than two weeks, citing a lack of capitalization as well as “governance deficiencies,” after the company Wednesday told the U...
Moody’s downgrades Silvergate, with outlook still negative even as big firms buy shares
Moody’s downgraded the ratings of Silvergate Capital and its bank subsidiary Silvergate Bank following the downgrade of its standalone Baseline Credit Assessment to b2 from ba3. Silvergate...
Moody’s Downgrades Egypt, Pushing Bonds Further Into Junk Status
Downtown Cairo, Egypt at dusk getty Moody’s Investors Service downgraded Egypt’s credit rating from B2 to B3 on February 7, pushing the North African country further into junk bond or non-...
Moody’s to Introduce Scoring System for Stablecoins
Leading financial institution Moody’s Corporation is reportedly working on a scoring system for up to 20 stablecoins, assessing the quality of their reserves attestation, Bloomberg reported on Jan. 26...
Moody’s Mulls Stablecoin Scores as Regulators Circle: Report
Moody’s Corporation is reportedly planning to develop a scoring system for stablecoins, per reporting from Bloomberg. The scoring system will include up to 20 stablecoins, analyzing the quality of ea...
Moody’s Investors Service is Developing A Scoring System for Stablecoins
According to a Bloomberg report, Moody’s Investors Service, a credit company, is working on a scoring system for crypto stablecoins. Stablecoins are the most traded tokens in the crypto sector as the ...
Moody’s eyeing a scoring system for stablecoins
Moody’s Corp., an integrated risk assessment firm, will start looking at how it can ascertain the risk and health of stablecoins, Bloomberg News reported Jan. 26. The need to rate stablecoins comes am...
Moody’s developing stablecoin scoring system: Bloomberg
Rating agency Moody’s is developing a system to score stablecoins. It will include an analysis of up to 20 stablecoins and rate them based on the quality of attestations on the reserves ba...
bitcoin climbs, Coinbase stock shrugs off Moody’s downgrade
The past week has seen crypto prices continue their upward trajectory, with bitcoin rising 16.8% and jumping over the $23,000 mark going into the weekend. Bitcoin was trading at $23,262 as of 2 ...
Forget recession — the U.S. is heading for a ‘slowcession’ that could last all year, Moody’s warns
Even if the U.S. avoids a recession in 2023, American consumers and investors could face a grinding slowdown that likely won’t let up until 2024, according to a new outlook published by Moody’s Analyt...
Inflation boosts average household spending by $433 a month: Moody’s
People shop at a grocery store on June 10, 2022 in New York City. Spencer Platt | Getty Images The average American household is spending $433 more a month to buy the same goods and services it did a ...
Moody’s Mark Zandi sees relief within 6 months
The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation report, hinges on oil prices s...
Moody’s executives say new EU MiCA regulations could unleash stablecoin innovation
Restrictions in new EU regulations could potentially serve as a booster to stablecoin innovations in Europe, Moody’s Global Head of DeFi and Digital Assets Fabian Astic told The Block in an exclusive ...
Pound Sinks Again As IMF And Moody’s Rebuke U.K. Tax Cuts
Topline London stocks and the British pound both fell Wednesday morning—after the International Monetary Fund (IMF) and credit ratings agency Moody’s rebuked the U.K. government over planned tax cuts ...
Moody’s States Inflation Is Affecting Economic Recovery in Part of Latam – Economics Bitcoin News
Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brazil, Chile, and Mexico are s...
Moody’s Sends Dubai’s Neighbor Sharjah Down Into Junk Status
A view of Al Noor Mosque during the Sharjah Light Festival on February 9, 2017 in Sharjah, United … [+] Arab Emirates (Photo by Francois Nel/Getty Images) Getty Images The emirate of Sharjah – o...
Coinbase Amidst A Revenue Crisis— Downgraded By Moody’s
Famous cryptocurrency Coinbase is downgraded by the financial services company Moody’s from Ba2 to Ba3. Along with that, there is a 19% drop in the monthly users. Coinbase announced that it is cutting...
Russia Defaults On Its Foreign Debt As Grace Period For Payment Expires, Moody’s Says
Topline Russia has defaulted on its foreign debt for the first time since 1918, according to Moody’s, as the country claims its ability to make the payments have been impaired by economic sanctions ag...