• Sat
  • Aug 30, 2014
  • Updated: 12:47pm

Moody's Investors Service

Moody's downgrades debt of 4 big US banks

Moody’s Investors Service cut the debt ratings for four big US bank holding companies, including Goldman Sachs and JPMorgan Chase, citing its increasing confidence that the US government will not bail out the companies if they fail.

Friday, 15 November, 2013, 12:44pm

Chinese buyer seen as negative for Wing Hang

Wing Hang Bank, Hong Kong’s second-largest family-owned lender, which is in takeover talks, would likely have its credit rating downgraded if the acquirer was based on the mainland, Moody’s Investors Service said.

31 Oct 2013 - 2:55am

Moody’s eases off threat of US rating cut, affirms Aaa

Moody’s Investors Service has raised the US sovereign outlook to stable from negative and affirmed the country’s triple-A rating, citing steady growth despite reduced government spending.

The rating agency’s move eased the threat of a cut to the world’s biggest economy.

19 Jul 2013 - 11:37am

Dagong to create new ratings agency with Russian and US partners

Already under fire for their role in the subprime crisis, Fitch, Moody's and Standard & Poor's (S&P) are now in the sights of Dagong Global Credit Rating, which has formed a joint-venture agency with Russian and US partners.

26 Jun 2013 - 4:08am

Moody’s lowers China outlook after Fitch downgrade

Moody's Investors Service lowered China's outlook to stable from positive after Fitch Ratings downgraded one of its sovereign ratings of the country last week.

29 Aug 2013 - 4:13am

Ford board to set Mulally succession plan in motion

Ford Motor's board discussed a succession plan for chief executive Alan Mulally at its monthly meeting, according to a person familiar with the discussions.

The board is preparing to promote Mark Fields to chief operating officer from president of the Americas as part of a plan to have him eventually succeed Mulally, said the person.

13 Oct 2012 - 5:19am

Real estate, export sectors risky to banks

The mainland property and export-oriented sectors pose the biggest threat to the country's banks in the second half of this year, according to Moody's Investors Service.

China's non-performing loan ratio could rise 1 to 2 percentage points this year, said Christine Kuo, vice-president of Moody's financial institutions group.

29 Jun 2012 - 12:00am

Moody's lowers Chaoda rating

Moody's Investors Service yesterday downgraded the rating of Hong Kong-listed mainland farming firm Chaoda Modern Agriculture (Holdings) to Ba3 from Ba2.

The downgrade follows delays in the release of the firm's annual results announcement, which was due last Friday.

8 Oct 2011 - 12:00am

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