America’s banking sector is creeping closer to a wide-ranging downgrade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
El Salvador has repurchased more than $500 million of its bonds at a huge discount, but that may not lessen its risk of a default at the beginning of 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As part of a broader look at environmental, social and governance factors on credit scores, Fitch Group Inc. noted that shortcomings in financial crimes and anti-money laundering (AML) controls are more likely to impact the credit rating of a bank than non-financial factors. Categories examined...
Global ratings agency Fitch warns that China’s efforts to reduce corporate debt levels will likely have a negative impact on the nation’s economy, according to South China Morning Post reports Monday (June 4). Get the Full Story Complete the form to unlock this article and...
May 18, 2016
No longer the purview of Western nations, FinTech is gaining traction in the East — from China to India and beyond — and thus is becoming truly global in scope. But as always, with any sea change in payments, waves can rock some leaky boats, namely, traditional banks. Fitch weighed in on the promise and perils of FinTech as it gathers momentum in Asia.
September 27, 2023
Leveraged loans were a popular method of financing during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]
August 15, 2023
America’s banking sector is creeping closer to a wide-ranging downgrade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
May 10, 2019
As part of a broader look at environmental, social and governance factors on credit scores, Fitch Group Inc. noted that shortcomings in financial crimes and anti-money laundering (AML) controls are...
November 20, 2017
In the European Union, use of credit ratings that have their genesis outside the EU is about to get a little more stringent. Reuters reported that rating agencies operating “outside...
