Tag Archives: downgrade

India could be first BRIC nation to lose credit rating

Standard & Poor (credit agency) said today that India stood a real chance of becoming the first BRIC nation to lose its investment grade status, which would send the rupee and stocks even lower than they already are.  The BRIC … Continue reading

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5 U.S. banks face possible downgrade

The rating agency Moody’s has put 17 global instutions (5 in America) and 114 European banking institutions under review for a possible downgrade.  The five U.S. banks are Bank of America, Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan Chase.  … Continue reading

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Europe faces possible S & P downgrades

Several reports state that several countries in the eurozone countries are in danger of being downgraded by the credit rating agency Standard & Poors (S&P).  If a downgrade did materialize, countries such as Germany, Austria, Belgium, Finland, the Netherlands and … Continue reading

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