Moody's: UK consumer debt boom leaves borrowers vulnerable to economic shocks
Jul 15, 2015 10:18 am UTC| Research & Analysis
UK consumers are taking on more unsecured debt to maintain spending, making credit card pools riskier, says Moodys Investors Service in a special report published today. The rise in unsecured consumer debt is leaving...
Moody's: Stable operating environment and asset quality support Uzbek banks
Jul 13, 2015 09:32 am UTC| Research & Analysis
Moodys Investors Services outlook for Uzbekistans banking system remains stable, unchanged since 2010, reflecting banks stable problem loan trends and solid earnings, although capital buffers require regular external...
Moody's: Asian steel industry outlook negative on declining profits and growing supply glut
Jul 13, 2015 08:22 am UTC| Research & Analysis
Moodys Investors Service has changed its outlook for the Asian steel industry to negative from stable on 13 July, reflecting steelmakers declining profitability amid a growing supply glut. The outlook had been stable since...
Greece's current liquidity and collateral position very fragile
Jul 13, 2015 03:40 am UTC| Commentary Research & Analysis
Greek banks have filled the funding gap created by the deposit outflows and the closure of repo operations with international banks with the Eurosystems liquidity since the beginning of the year. Greek banks total...
Eurogroup draft proposal on Greece - Reuters
Jul 12, 2015 18:34 pm UTC| Research & Analysis
Following is the draft of the paper, seen by Reuters. Square brackets denoted phrases not yet agreed by all 19 states: The Eurogroup stresses the crucial need to rebuild trust with the Greek authorities as a...
Chinese stock market correction not so significant
Jul 12, 2015 02:40 am UTC| Research & Analysis
Even after last weeks bounce back, Chinas stock market is nearly 30% below its early June highs, with close to US$3trn of wealth destroyed, on paper.The Chinese stock market is still up nearly 15% in the year to date and...
Fitch: Demand for European Corporate Hybrids Remains Strong
Jul 10, 2015 11:50 am UTC| Research & Analysis
Fitch Ratings says in its European Corporate Hybrids Dashboard that demand for hybrid instruments remains strong in 2015 as issuance in the first half of the year amounted to EUR21.8bn. This represented a material increase...
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