The $3tn (£2.2tn) shadow banking industry has developed “bubble-like characteristics” that could risk triggering a wider global financial shock, the credit ratings agency Fitch has warned.

The U.S. just lost another piece of its financial crown. Moody’s downgraded America’s credit rating from Aaa to Aa1 in May ...

The downgrade comes just five months after Moody's cut its U.S. credit rating in May — following similar moves by S&P Global ...

European rating agency Scope downgraded the United States' credit rating by a notch on Friday, citing sustained deterioration ...

LONDON (Reuters) -European rating agency Scope has said that the shutdown of the U.S. government is another negative for the country's downgrade-threatened credit score. Scope, which currently rates ...

NAIC designations based on PLRs [private letter ratings] averaged 2.74 notches higher than designations assigned by the NAIC ...

A top credit rating agency flagged a provision of Indiana's recently enacted property tax bill that could hurt local units of government. (Niki Kelly/Indiana Capital Chronicle) Experts warn that ...

More regulators are waving the flag, but it is becoming clear that the explosion of this sector has been allowed with few ...

NEW YORK--(BUSINESS WIRE)--KBRA issues a no downgrade confirmation in relation to the proposed merger of Tortoise Energy Infrastructure Corporation ("TYG") and Tortoise Sustainable & Social Impact ...

Africa is moving to reshape how its economies are perceived on the global stage, with a growing push to accelerate the launch of the African Credit Rating Agency (AfCRA). AfCRA is an initiative of the ...

Defense spending should be seen not only as a strategic necessity, but as an economic decision that directly influences ...