The long-term issuer and senior unsecured ratings of Électricité de France (EDF) have today been downgraded by Moody’s Investors Service (Moody’s) from A3 from A2, together with its perpetual junior subordinated debt ratings...
Rating agencies could be repeating the mistakes of the credit crisis, where risks were underestimated to the detriment of the global financial system, by not factoring...
Recent developments at the Co-operative Bank highlight not only the frailty of larger banking institutions, but also the desperate need for sustainable alternatives. First, the Co-operative...