Tag Archive for sovereign-debt

Moody’s downgrades eight Brazilian banks

Rating agency says subsidiaries and local lenders are significantly exposed to government securities and not insulated from a sovereign debt crisis

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Moody’s downgrades eight Brazilian banks

France downgrade disappointing, says Fidelity chief Rossi

Fidelity chief investment officer for equities Dominic Rossi says the downgrade of France by S&P is part of a “general re-pricing of sovereign debt”.

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France downgrade disappointing, says Fidelity chief Rossi

Cognetas calls halt to Tokheim auction

Failed process highlights way Europe’s sovereign debt crisis has hampered private equity groups’ ability to do deals

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Cognetas calls halt to Tokheim auction

OECD warns of European recession risk

The OECD says that policies need to be put in place urgently to stop the sovereign debt crisis from spreading.

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OECD warns of European recession risk

Intesa Sanpaolo to shed 5,000 jobs

Italy’s largest retail bank, and one of the most exposed institutions to Italian sovereign debt, unveils deep job cuts amid ‘very difficult’ conditions

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Intesa Sanpaolo to shed 5,000 jobs

BNP Paribas rules out need for fresh capital

Chief executive says French bank could finance itself and could absorb any additional writedowns on its Greek sovereign debt holdings

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BNP Paribas rules out need for fresh capital

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