Fitch: Record Construction Rate Hangs Over Ontario Housing Market
May 06, 2015 13:06 pm UTC| Research & Analysis
Beneath the unprecedented boom in the Ontario housing market is a large overhang of pending supply that could threaten continued home price growth in the province, according to Fitch Ratings.More than 80,000 new...
Fitch: LatAm Risks Skew Towards the Downside
May 04, 2015 15:43 pm UTC| Research & Analysis
Slow growth, deteriorating funding conditions, and fiscal pressures have led to more pronounced risks facing Latin America, according to a new Fitch Ratings report.Key test for governments will be to adjust to the new...
Fitch: Chile's Banking Sector Ripe for M&A Activity
May 04, 2015 15:34 pm UTC| Research & Analysis
Chiles banking sector has a rising likelihood for merger and acquisition activity, which could consolidate some of the countrys middle-tier banks, says Fitch Ratings. The maturity and quality of Chiles banking sector, the...
Moody's: US growth likely to trend downward long term, implying long-term rise in debt burden
May 04, 2015 14:57 pm UTC| Research & Analysis
After posting exceptional GDP growth this year and next, the US economy will likely move into a long-term period of growth that is lower than the average prior to the financial crisis, says Moodys Investors Service. The...
Fitch: Large U.S. Banks Benefit from Volatility, M&A
May 04, 2015 14:30 pm UTC| Research & Analysis
Volatility in currencies, commodities and equities drove a 48% quarter-over-quarter increase in capital markets revenue for the five largest U.S. banks, according to Fitch Ratings. Advisory revenues also remained strong, a...
Fitch: Russia Rate Cuts, Budget Show Shifting Policy Response
Apr 30, 2015 18:43 pm UTC| Research & Analysis
The Central Bank of Russias (CBR) policy rate cut and recent revisions to the 2015 budget come as pressure from external shocks eases but does not disappear, Fitch Ratings says. Economic policy coherence and credibility...
Moody's affirms Canadian bank ratings and assigns counterparty risk assessments
Apr 30, 2015 18:24 pm UTC| Research & Analysis
Moodys Investors Service has today affirmed the long-term ratings on the six largest Canadian banks and two other deposit-taking issuers, as well as the negative outlook for the supported senior debt and uninsured deposit...
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