Global Government Debt to Rise 2% in 2016
S&P says the bulk of the growth in debt will be fueled by the U.S., China, Brazil and India, with emerging market debt increasing by 9.4%.
Icahn Enterprises Facing Downgrade to Junk
Activist investor Carl Icahn's holding company has suffered significant losses on its energy investments, imperiling its credit rating.
Debt Downgrades at Highest Level Since 2009
The rating agency said it downgraded 892 corporate issuers (accounting for about $6.9 trillion in rated debt) in 2015.
Corporate Ratings Outlook Worst Since Crisis
There were three times as many debt-issuing companies on negative credit watch as on positive at the end of 2015, S&P says.
New Fed Rule Sparks Cut in Banks’ Debt Ratings
Requirements to increase convertible debt as a hedge against fiscal crises may be undermining a paring of bank credit ratings.
LBOs Face Mounting Credit Risks, S&P Says
With debt burdens approaching the levels of the last LBO boom, the ratings agency warns there could be trouble for issuers.
S&P Puts Largest U.S. Banks On ‘Credit Watch Negative’
There is now a lower probability that the eight largest U.S. banks would be bailed out by the federal government in a crisis, says Standard & Poor's.
DBRS Fined $6M Over Credit Rating Methodology
The SEC's case against DBRS is the second this year involving credit rating agencies' evaluations of complex financial instruments.
S&P Sees Growing Risk to Chinese Banks
The ratings agency is concerned that private-sector credit in China could exceed 150% of gross domestic product by the end of 2016.
SEC Strips Out Credit Ratings for Money Funds
A low credit rating on a short-term security will no longer prohibit a money market fund from investing in it.
China Corporate Debt Growth Seen as High Risk
S&P estimates that China's corporate debt pile, now at 160% of GDP, will climb 77% to $28.8 trillion over the next five years.