Moody's changes Hungary's banking system outlook to stable
Jul 17, 2015 11:31 am UTC| Research & Analysis
Moodys has changed Hungarys banking system outlook to stable from negative, reflecting its expectation that the operating environment will stabilise over the next 12-18 months. Moodys report, entitled "Banking System...
Moody's changes Swiss banking system's outlook to stable from negative
Jul 16, 2015 05:42 am UTC| Research & Analysis
Moodys Investors Service has raised the outlook on the Swiss banking system to stable from negative, reflecting the rating agencys expectation that government support assumptions for senior creditors will not diminish...
Moody's: Equity market volatility will have limited impact on rated Chinese issuers
Jul 16, 2015 01:36 am UTC| Research & Analysis
Moodys Investors Service says that the volatility in Chinas (Aa3 stable) equity market since mid-June will have limited impact on rated Chinese debt issuers, while stability and growth imperatives remain the governments...
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...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects