Ratings agency Moody's cuts the credit ratings on 26 Italian banks, including Italy's largest lenders Unicredit and Intesa Sanpaolo. full story ![]()
A second front of fear has broken out in the European debt crisis: the condition of Italian banks.
nytimes.com (2 months and 2 days ago)
foxbusiness.com (2 months and 6 days ago)

Ananda Bhoumik of India Ratings says that the new debt restructuring norms announced by the RBI will strengthen the lending and risk-management processes in the banking sector. He adds, in an interview to CNBC-TV18, that the new rules will also reduce the risk in projects for industry.
moneycontrol.com (3 months and 9 days ago)
April 24 - The European earnings spotlight turns on banks and auto companies. Results not great overall, but so what? Markets are in risk-on mood. Plus we might get an Italian PM today, and an ECB rate cut soon.
reuters.com (24 days ago)
NEW YORK Banks cut thousands of jobs Banks aren't the big job machines they used to be. One after another, major financial firms are trimming their payrolls.
montereyherald.com (23 days ago)
Filed under: Global Economy, EconomyFitch Ratings this morning cut its rating on Italian debt one notch from 'A-' to 'BBB+' with a negative outlook. And the ratings firm gave a long list of reasons for the cut. The recent indecisive Italian parliamentary elections lead the list, followed by increased risk that the country's ongoing recession can be turned around. Fitch...
dailyfinance.com (2 months and 12 days ago)
Wondering why the Italian bond market has been stable and "improving" in recent months, with yields relentlessly dropping as a mysterious bidder keeps waving it all in despite the complete political void in the government and what may be months of uncertainty for the country, and despite both PIMCO and BlackRock recently announcing they are taking a pass on the blue light...
zerohedge.com (1 month and 8 days ago)

But Madison-based AnchorBank and Milwaukee-based Guaranty Bank still struggle, ratings services say.
madison.com (20 days ago)
Filed under: Investing Kroll Bond Rating Agency Releases the Most Recent U.S. Bank and Savings & Loan Ratings MOUNT AIRY, Md.--(BUSINESS WIRE)-- Kroll Bond Rating Agency's (KBRA) Subscription Rating Service (KSRS) released updated financial strength ratings for U.S. Banks and Savings & Loans, based upon the most recent quarterly financial information filed with...
dailyfinance.com (2 months and 8 days ago)
Even if the rate cut by the RBI does lead to a cut in interest rates next week, they may not result in banks lowering lending rates because the liquidity situation in the market is still very tight.
indiatimes.com (2 months and 6 days ago)
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