Standard & Poor's
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Britain's economic standing has suffered a further blow with the ratings agency Standard & Poor's stripping the UK of its last remaining AAA credit rating.
Uncertainty over when and even if Britain is leaving the EU hammered London’s financial markets on Monday.
Standard and Poor's has warned that as borrowing costs go up some countries could see their credit ratings cut or outlooks lowered, with the most pronounced problem in the eurozone.
Standard and Poor’s lowered its long-term sovereign credit rating on Greece to “CCC” from “CCC positive”, saying the government would likely default
Andorra has had its credit rating cut from BBB plus to BBB by Standard and Poor’s, two notches above so-called junk status. The move comes four
Ratings agency Standard & Poor’s is to pay out $1.5 billion (1.3 billion euros) to resolve a series of government lawsuits over the sub-prime
Ratings agency Stand and Poor’s has downgraded the outlook for Russia’s sovereign credit rating to junk status. For the first time in a decade that’s
Officials from the ratings agencies Standard & Poor’s and Fitch are to stand trial in Italy accused of market manipulation and abuse of privileged
The Netherlands has lost its AAA credit rating from Standard & Poor’s (S&P). The Dutch economy, which is the eurozone’s fifth largest, recently
Another setback for the French government as the rating agency Standard & Poor’s cut its appraisal of the country’s credit worthiness. It reduced
Standard & Poor’s has cut its assessment of Ukraine’s creditworthiness with a downgrade to B minus. S&P is concerned about Ukraine’s falling
Standard & Poor’s has upgraded its outlook on Ireland’s credit rating. Based on the opinion that Dublin’s debt may fall faster than expected, its
Ratings agency Standard and Poor’s has cut Italy’s sovereign credit rating to BBB from BBB+ based on the country’s crumbling economy. Prime Minister
More bad news for Portugal, as the ratings agency Standard & Poor’s revised its sovereign credit outlook downward to negative from stable. It said
Standard & Poor’s has raised Turkey’s sovereign debt rating by one notch to “BB+”. It puts the country on a rating just one step below investment
The US government is suing Standard & Poor’s accusing the agency of knowingly inflating its ratings of risky mortgage-related investments, of the
The US government says it wants five billion dollars from Standard & Poor’s. In a law suit the Department of Justice is taking the agency to court
Greece’s borrowing costs have fallen after Standard & Poor’s lifted its assessment of the country’s credit rating. That means the credit agency’s
There is some much-needed good news for Greece. Ratings agency Standard and Poors has raised the credit rating on the country’s sovereign debt
The Greek government’s latest attempt to lower the country’s massive debt burden has resulted in a downgrade from the rating agency Standard &
An Australian court has ruled that Standard & Poor’s misled investors in the way that it rated some investments. The agency gave its highest
Spain came under renewed pressure to formally ask for a financial bailout after a ratings agency cut the country’s credit worthiness to one point
Standard & Poor’s has downgraded 15 Italian banks, saying Italy faces a potentially deeper and more prolonged recession than the ratings agency had
Standard & Poor’s has raised Greece’s credit rating. It is now no longer in default territory, but remains firmly in the junk category with a
Spain’s sovereign credit rating has been down graded by Standard & Poor’s for a second time this year. It’s been cut from an A to a triple-
Standard & Poor’s has downgraded Greece’s long-term rating to “Selective Default”. The news came as a blow to Athens, which had barely had time to
Greek lawmakers are pushing forward with a raft of measures demanded by eurozone states in exchange for the 130 billion euro rescue. Meanwhile
It was a week full of interesting insights. After the downgrade of several EU countries by rating agency Standard & Poor’s, all eyes were on the
In the aftermath of the so-called ‘Black Friday’ mass downgrading of eurozone countries, politicians and economists were quick to play down the
ECB chief Mario Draghi has taken a swipe at credit rating agencies after Standard & Poor’s downgraded the eurozone’s EFSF bailout fund. The move was