The Banking and Strategy Initiative

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Tag Archives: Fitch

London, London! Did you meet Cutts the Butcher? (UK Budget 2012)

Update: The Speech mentions a 7% deficit target for 2016 from 12% last year and a debt of GBP 98 bln in 2012/13 to 21 bln in 2015/16 as the … Continue reading

March 21, 2012 · 1 Comment

S&P rates new Greek bonds CCC ( Selective Default maintained) | Insight Europe

S&P maintained SD ratings on Greece instead of springing them back to the appropriate junk rating as they rated the new issue UK Law bonds worth $109.2 bln (53% FV) … Continue reading

March 15, 2012

S&P confirms its Spain ratings impact | Banking insight

BBVA and Santander were among more than a dozen banks downgraded in Spain after ?Italian Baanks suffered a similar fate last week on the sovereign downgrade impact. Fitch alsolowered ratings … Continue reading

February 14, 2012

Here comes la rabaisser, el rebajar, the downgrade | Insight Europe

The Euro zone news that yet moves everyone is here with France losing its AAA status and the formal announcement expected by the Financial markets with alacrity. France will join … Continue reading

January 13, 2012 · 2 Comments

S&P on cue for weekend announcement, Fitch takes the banks

Despite extended losses on the markets bringing banks to a new low amidst the promised 10,000 Wall Street Job cuts and whittling trading revenues for the second quarter, the Volcker … Continue reading

December 16, 2011 · 1 Comment

The European Stress test results are coming.. | Advantage zyaada

Sneak previews suggest that banks might easily fail the coming stress tests even as Chinese Banks CDS rises in the markets ahead of all the speculation on local government default. … Continue reading

June 28, 2011 · 3 Comments