S&P

Indian Banks Might See More Loan Growth as Economy Recovers, Report Says
Indian Banks Might See More Loan Growth as Economy Recovers, Report Says
January 24, 2022  |  International

Indian banks could see more lending and greater net interest margins this year as the country’s economy recovers, a report from S&P Global says. Bank...

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Coronavirus Decimates US Stock Market $1.7T In 48 Hours
Coronavirus Decimates US Stock Market $1.7T In 48 Hours
February 26, 2020  |  Investments

The U.S. stock market is spiraling downward, with the S&P 500 losing $1.737 trillion during a massive sell-off prompted by mounting fears over the coronavirus, according...

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China’s Lenders Cut Prime Rate To Boost Sick Economy
China’s Lenders Cut Prime Rate To Boost Sick Economy
February 20, 2020  |  International

Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial...

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Macy’s Dropped To Junk-Bond Status
Macy’s Dropped To Junk-Bond Status
February 19, 2020  |  Retail

Macy’s credit rating has been downgraded to junk by S&P Global Ratings, just weeks after the former department store juggernaut released a cost-cutting measure to...

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Facebook Kicked Out Of S&P Ethics Index
Facebook Kicked Out Of S&P Ethics Index
June 13, 2019  |  Security & Fraud

Facebook has been removed from a list of companies that are indexed by S&P Dow Jones Indices as socially responsible, according to a report by...

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Brexit Drama Costs UK Economy £6.6B Per Quarter
Brexit Drama Costs UK Economy £6.6B Per Quarter
April 04, 2019  |  Brexit

The cost of voting to leave the European Union has been 6.6 billion pounds every quarter for the U.K., according to research from S&P Global...

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Consumer Credit Default Hits Low For Nov 2018
Consumer Credit Default Hits Low For Nov 2018
December 19, 2018  |  Consumer Finance

New data has found that the default levels for bank cards, auto loans and first mortgages have reached their lowest levels of 2018 within the...

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No-Deal Brexit Could Spark UK Economic Recession
No-Deal Brexit Could Spark UK Economic Recession
October 31, 2018  |  Brexit

Great Britain could be headed toward a long recession if it can’t strike a Brexit deal. Credit ratings agency Standard & Poor’s (S&P) warned that failing...

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More Retail Bankruptcies Expected In 2017
More Retail Bankruptcies Expected In 2017
May 04, 2017  |  Retail

The retail sector has been suffering a lot of pain this year, with bankruptcies already happening at a record pace and more bankruptcies expected to...

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