Ratings agency Moody's has downgraded the credit rating of McGraw-Hill, the parent of the world's largest ratings company, rival Standard and Poor's.
In its first ever federal enforcement action against a credit rating agency related to the financial crisis, the US government has filed a lawsuit against Standard & Poor's for allegedly rigging mortgage bond rates.
Henderson's John Bennett has returned to the much-maligned Irish banking sector for the first time in over six years despite warning the position might make investors 'wince'.
Credit ratings agency Moody's downgraded six Canadian banks last night over fears the lenders had become more vulnerable to downside risks and rising house prices.
Investment strategists and asset allocation heads have labelled last week's fiscal cliff deal a ‘short-term fix', which could spark a fresh round of sovereign debt downgrades in the coming months.
UK interest rates will stay at historic lows for four more years as the economy struggles to return to normal growth levels, Citi has predicted.
Credit rating agency Fitch has downgraded Argentina and said the country would probably default on its debt obligations.
A Ratner moment, Skandia cost cuts and more taxes on the rich all made our top ten list of best read stories on the Investment Week website this week.
Moody's has stripped France of its AAA rating as Artemis' William Littlewood becomes the latest fund manager to turn more negative on the country.
Global credit ratings agency Moody's has warned the UK is at risk of losing its AAA status should the economy slide into a triple-dip recession.