LONDON, Sept 9 - Moody's Investors Service said the global speculative-grade default rate...
NEW YORK, Jan 6 - Moody's Corp <MCO.N>, the parent of credit rating agency Moody's Investors Service, on Tuesday forecast a "severe recession" in 2009, with high-yield corporate default rates climbing to between 10 and...
(Corrects headline to 13.81 percent instead of 13.82 percent; corrects first bullet point to 13.81 percent instead of 13.82 percent; corrects second bullet point to 13.86 percent from 13.81 percent) Aug 17 (Reuters) - Bank of America Corp <BAC.N>...
NEW YORK, Nov 17 - Standard & Poor's on Tuesday lowered ratings on more than $17 billion worth of loan portfolios, signaling that credit deterioration continues despite a broader market recovery. Defaults and rating downgrades...
* Maturity default on 7.253 bln yen loan * Default does not affect firm's ability to operate * Default to more than double interest rate on loan (Adds detail on loan) SINGAPORE, Nov 3 -...
* Default rate falls for the first time in 12 months * Company says writeoffs are better-than-expected in Q2 * Sees likely lower-than-estimated losses in Q3, Q4 * Shares rise 9.53 percent to $26.78 (Recasts,...
The number of credit cards issued on the mainland is expected to continue expanding at a double-digit rate over the next decade but the explosive growth rate will not necessarily lead to a surge in debt defaults, according to industry veterans. Egidio Zarrella, a global partner at KPMG, said on p...
LONDON, June 23 - There is little good news on the horizon on European sovereign credit ratings, even though there is no real worry of default by a developed European country, an official from Standard...
NEW YORK, June 17 - The multifamily sector is leading all other types of U.S. commercial real estate in having the highest loan default rate but the others are likely to follow, experts say. Defaulted...
* Bank of America charge-off rate soars to 12.50 percent * American Express default rate rises to 10.40 percent * Citigroup charge-off rate goes up to 10.50 percent * JPMorgan credit-card default rate rises to...