Fitch: Pre-Crisis Securitization Losses Fall Again on U.S. Housing Recovery
Feb 17, 2015 12:02 pm UTC| Research & Analysis
Loss trends on pre-crisis global securitizations continue to improve due in large part to the recovery of the U.S. housing market , according to Fitch Ratings in a new report.Total losses on bonds issued between 2000 and...
Fitch: Chinese Banks to Face Margin Pressures Through 2015
Feb 17, 2015 08:48 am UTC| Research & Analysis
Data released in the Peoples Bank of Chinas (PBOC) latest monetary policy report confirm that efforts by the central bank to lower borrowing rates are taking effect. This should provide short-term relief for borrowers,...
Moody's: Korean banks profits for FY2014 better than expected; some restraints for FY2015
Feb 17, 2015 07:23 am UTC| Research & Analysis
Moodys Investors Service says that Koreas banks posted robust profit results for FY2014, but the outlook for net interest margins (NIM) and asset quality is restrained for FY2015. "Net profit -- which rose 60.4% year on...
Moody's: Downward pressure persists for Australian mining service providers
Feb 17, 2015 02:19 am UTC| Research & Analysis
Moodys Investors Service says that ongoing weakness in commodity prices will continue to directly impact Australian mining companies, with knock-on effects on other sectors, particularly the mining services sector. "In...
Moody's: Downward pressure persists for Australian mining service providers
Feb 17, 2015 02:19 am UTC| Research & Analysis
Moodys Investors Service says that ongoing weakness in commodity prices will continue to directly impact Australian mining companies, with knock-on effects on other sectors, particularly the mining services sector. "In...
Moody's: Swiss monetary policy changes are credit negative for domestic insurers
Feb 16, 2015 16:12 pm UTC| Research & Analysis
Switzerlands domestic insurers face credit-negative effects -- particularly in regard to lower retained earnings -- following the Swiss National Banks (SNB) surprise decision last month to abandon the exchange rate peg...
Feb 16, 2015 13:43 pm UTC| Research & Analysis
The euro inched higher on Monday ahead of a meeting of euro zone finance ministers that investors expect will find enough common ground to support Greece beyond its current bailout programme and keep it inside the currency...