Ratings agencies went hell for leather downgrading financial hybrid bonds recently. And with upcoming regulatory changes, next year could prove tricky for bank bond investors. Rathbones' Bryn Jones explains why.
Credit ratings agency Moody's has cut the rating of the Royal Bank of Scotland, amid fears its restructuring will 'heavily depress' profits.
Ratings agency Moody's has said it expects US politicians to reach an agreement on the country's debt ceiling, with a default "extremely unlikely".
Now the world economy is recovering, market attention has moved on from competing strategies to deal with the debt crisis.
Turkey's credit rating has been lifted to investment grade by Moody's for the first time in two decades, in recognition of reductions to its debt and current account deficits.