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By Marlene Y. Satter, AdvisorOne |
April 27, 2012
Spain suffered another downgrade as Standard & Poor's cut its sovereign credit rating and its unemployment rate rose to its highest level since the early 1990s—now one of the highest in the world.
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By Joyce Hanson, AdvisorOne |
March 22, 2012
U.S. bank loans are at such lows that the economic recovery has been nearly loan-free, S&P's head of financial institutions ratings said Wednesday in New York.
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By Marlene Y. Satter, AdvisorOne |
January 30, 2012
Fitch Ratings went on a roll on Friday, downgrading Belgium, Cyprus, Italy, Slovenia and Spain with the threat of additional cuts in the next one to two years.
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By Marlene Y. Satter |
January 27, 2012
New products over the last week include a new ETF focusing on German debt from ProShares and a reintroduced multi-asset income fund from BlackRock.
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By Marlene Y. Satter, AdvisorOne |
January 27, 2012
ProShares announced Thursday the launch of the first U.S.-based ETF focused on sovereign and sub-sovereign debt from Germany, which has the world's third-largest public debt market and is widely recognized for its fiscal strength.
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By Marlene Y. Satter, AdvisorOne |
January 24, 2012
Standard & Poor's downgraded four French banks on Monday, saying that its action came as a result of its downgrade of France itself earlier in the month.
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By Marlene Y. Satter, AdvisorOne |
January 17, 2012
Standard & Poor's followed up its mass cuts to the credit ratings of eurozone countries on Friday with a cut in the credit rating of the European Financial Stability Facility on Monday. EFSF officials said that nonetheless the facility was well enough funded to cope with the eurozone debt...
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By Marlene Y. Satter, AdvisorOne |
January 16, 2012
After downgrading most of the eurozone on Friday, Standard & Poor's said that the continued triple-A rating for the European Financial Stability Facility, the region's rescue mechanism, depended on more participation from Germany and other nations that retained their top credit rating.
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By Marlene Y. Satter, AdvisorOne |
January 16, 2012
Friday the 13th turned out to be very unlucky indeed for the euro zone, as Standard & Poor's downgraded nine countries in the bloc, including triple-A rated France and Austria, and put 14 of the 17 countries on negative outlook.
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By Marlene Y. Satter |
December 23, 2011
Moody's kept Austria's credit rating stable at AAA on Friday, but warned about the effects of the debt crisis not just on Austria but also on other euro zone countries.
