Moody's

A year after it warned them, Moody's Ratings has downgraded the US Government credit rating after things got worse, in a move that will put upward pressure on benchmark bond yields

A year after it warned them, Moody's Ratings has downgraded the US Government credit rating after things got worse, in a move that will put upward pressure on benchmark bond yields

Finance Minister Grant Robertson has been searching for savings as corporate tax revenue falls below Treasury forecast

Finance Minister Grant Robertson has been searching for savings as corporate tax revenue falls below Treasury forecast

Credit rating agency's budget comments highlight ongoing concerns about NZ's current account deficit; Govt bond issuance revised up $20b over 4 years

Credit rating agency's budget comments highlight ongoing concerns about NZ's current account deficit; Govt bond issuance revised up $20b over 4 years

Moody's says worsening housing affordability has increased the risk of mortgage defaults

Moody's says worsening housing affordability has increased the risk of mortgage defaults

Credit rating agency Moody's advocates for standardised cybersecurity reporting across jurisdictions & more consistent definitions of what is a cybersecurity incident

Credit rating agency Moody's advocates for standardised cybersecurity reporting across jurisdictions & more consistent definitions of what is a cybersecurity incident

Bank for International Settlements pushes central banks to get cracking with central bank digital currencies as Moody's warns they could be a credit negative for banks

Bank for International Settlements pushes central banks to get cracking with central bank digital currencies as Moody's warns they could be a credit negative for banks

Growth of combined global issuance of green, social and sustainability bonds ramps up with plenty more expected

Growth of combined global issuance of green, social and sustainability bonds ramps up with plenty more expected

Macquarie analysts argue commercial banks and fintech will exist solely at the grace of central banks and their earnings will be determined by them

Macquarie analysts argue commercial banks and fintech will exist solely at the grace of central banks and their earnings will be determined by them

International ratings agency Moody's says central bank digital currencies could displace commercial banks from their current role in the payments system, disrupt their business models, and force changes to their funding model

International ratings agency Moody's says central bank digital currencies could displace commercial banks from their current role in the payments system, disrupt their business models, and force changes to their funding model

COVID-19 crisis is increasing attention on corporate social behavior, away from shareholder primacy to greater emphasis on the needs of employees, clients, society and the environment, Moody's says

COVID-19 crisis is increasing attention on corporate social behavior, away from shareholder primacy to greater emphasis on the needs of employees, clients, society and the environment, Moody's says

In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation

In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation

ANZ Banking Group CEO says parent of New Zealand's biggest bank confident of meeting higher capital requirements without the need to raise additional capital

ANZ Banking Group CEO says parent of New Zealand's biggest bank confident of meeting higher capital requirements without the need to raise additional capital

Auckland Council comfortable with debt levels but says debt will continue increasing over the next few years due to the city’s ongoing growth and capital expenditure requirements

Auckland Council comfortable with debt levels but says debt will continue increasing over the next few years due to the city’s ongoing growth and capital expenditure requirements

Auckland Council on target with its second Green Bond offer

Auckland Council on target with its second Green Bond offer

Pressure on Robertson to borrow more to stimulate the economy mounts, as debt gets cheaper, the effectiveness of interest rate cuts diminishes, and credit rating agencies remain happy

Pressure on Robertson to borrow more to stimulate the economy mounts, as debt gets cheaper, the effectiveness of interest rate cuts diminishes, and credit rating agencies remain happy