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Indian banks' underwriting standards at risk amid rapid consumer loan growth, Fitch says
Reuters· 23 hours agoAsset quality of Indian banks' consumer loans has held up well so far, but an accumulation of...
Fitch cuts NYCB’s debt rating deeper into junk territory but says outlook remains stable
Market Watch· 6 days agoAnalyst cites “weaker earnings and profitability profile in addition to execution risk.”
China’s banks to sell US$60 billion of loss-absorbing bonds to meet PBOC’s norms
South China Morning Post· 21 hours agoThe People’s Bank of China has required China’s G-SIBs to have a minimum total loss-absorbing...
Fitch downgrades New York Community Bancorp to 'BB' on near-term earnings pressure By Reuters
Investing.com· 6 days agoThe ratings agency said the downgrade reflects its assessment that NYCB has a weaker earnings and...
China Megabanks Kick Off $8.3 Billion Loss-Absorbing Bond Sales
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- Two of China’s biggest state banks will sell a combined 60 billion yuan ($8.3...
Fitch appoints new heads of sovereign and bank ratings
Reuters via Yahoo Finance· 5 days agoLongsdon would takeover as the firm's global head for sovereign and supranational ratings from June 1, when its current top analyst James McCormack retires. Longsdon, who ...
New York Community (NYCB) Rating Downgraded to BB by Fitch
Zacks via Yahoo Finance· 6 days agoDefault Ratings (IDRs) were recently downgraded to BB from BB+ by Fitch Ratings. Nonetheless, the ...
The Brazilian bank Agibank reported record net income of R$215.5 million in the first quarter of...
WPRI Providence· 15 hours agoWith a credit portfolio close to R$18 billion, the Bank grew 6x the Brazilian market's pace in the quarter, with high profitability. In just the first three months of the ...
Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says
Business Insider via Yahoo Finance· 5 hours agoIn April, office loans made up 54% of new 60+ delinquency volumes, Fitch Ratings reported last week....
Fitch Downgrades New York Community Bancorp to 'BB'
US News & World Report· 6 days agoUS News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.