Tagged: moody’s

September 30, 2023 @ 3:44 pm By Omar Faridi  |  

As of late, financial markets have been gripped with the reality that the US government may be headed toward a shutdown due to Congress’s “inability to pass the federal appropriations bill for the upcoming fiscal year, which begins on October 1st,” the team at NYDIG… Read More

August 24, 2023 @ 9:29 am By JD Alois  |  

Yesterday, the Securities and Exchange Commission (SEC) adopted a new set of regulations for Private Fund Advisers. The new rules will require private fund advisers to provide investors with more information and sets a higher bar on compliance. Below, are several perspectives on the new rules… Read More

August 15, 2023 @ 9:22 am By JD Alois  |  

EstateGuru, an online marketplace for property-backed loans, has partnered with Moody’s to rate the securities offerings listed on the crowdfunding platform. Mihkel Stamm, CEO of Estateguru, said it is very important that investors on crowdfunded offerings have access to the best possible information. He shared… Read More

August 10, 2023 @ 9:18 am By JD Alois  |  

The New York Federal Reserve posted its quarterly report covering household debt earlier this week. The report noted that outstanding credit card debt now tops $1 trillion. In total, household debt surpassed $17.05 trillion – the highest amount on record. The authors of the report… Read More

March 27, 2023 @ 12:27 pm By JD Alois  |  

Moody’s has distributed a report on deposits held in US banks showing that the Federal Reserve’s H.8 data, which presents an estimate of the weekly aggregate balance sheet for the US banking system, released last Friday (March 24), showed a shift in deposits from small… Read More

March 24, 2023 @ 5:58 am By JD Alois  |  

Moody’s is out with a report on the banking crisis, lauding policymakers for their rapid response. At the same time, the research firm states that stress in the banking sector can spread to other sectors while outlining three different possible paths for contagion. The banking… Read More

March 17, 2023 @ 9:21 am By JD Alois  |  

The troubled banking system continues to struggle to regain its footing following the collapse of several banks that found themselves upside down after a rapid rise in interest rates. The banks holding long-duration assets saw their value tank adding stress to the overall financial system…. Read More

March 14, 2023 @ 11:08 am By JD Alois  |  

Moody’s Investors Service has downgraded the entire US banking sector following the events in the past week. Moody’s said it has changed its outlook from stable to negative. This is a reflection of the events impacting Silicon Valley Bank (SVB), Signature Bank (SBNY), and Silvergate… Read More

December 22, 2022 @ 9:42 pm By Omar Faridi  |  

Real-time economic intelligence provider QuantCube Technology announced that it has secured funding led by Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council, “together with previous backers Moody’s and Five Capital, and other private investors.” Using AI to analyze billions of alternative data… Read More

March 7, 2022 @ 12:05 pm By JD Alois  |  

Moody’s has downgraded Russia’s long-term issuer and senior unsecured debt ratings to Ca from B3. Moody’s said the “outlook is negative.” Obviously, this is due to the catastrophic leadership of President Vladimir Putin and his decision to invade Ukraine and its unprovoked war with the… Read More

January 7, 2022 @ 10:15 am By JD Alois  |  

Codat has announced a product partnership with Moody’s Analytics. Codat offers an API for small business data and Moody’s (NYSE: MCO) is a top provider of analytical tools. According to a release, Codat’s API will be integrated into Moody’s Analytics CreditLens solution and is designed… Read More

December 3, 2021 @ 11:00 am By JD Alois  |  

Moody’s, the global research and securities rating firm, has acquired or agreed to acquire two separate Regtechs. According to Moody’s it has acquired PassFort Limited and entered into an agreement to acquire 360kompany AG (kompany). These two firms are both European providers of KYC, AML,… Read More

September 9, 2019 @ 6:50 am By Omar Faridi  |  

The blockchain development industry is expected to be standardized by 2021, according to New York-based business and financial services firm Moody’s. Senior research analyst at Moody’s Frank Cerveny says, “Standardization of blockchain technology would make its benefits more accessible for securitisations. Standardization would … reduce… Read More

April 28, 2019 @ 5:59 pm By JD Alois  |  

Earlier this month, securities rating firm Moody’s produced a report on blockchain technology and the implication for financial services firms.  In a release, Moody’s stated that “blockchain technology has the potential to significantly reduce the costs and time involved in cross-border banking transactions, increasing banks’… Read More

June 14, 2018 @ 3:56 pm By Cali Haan  |  

The three biggest agencies relied upon to assess the credit-worthiness of banks and investment products -Standard & Poor’s, Moody’s and Fitch- have indicated they may downgrade scores of institutions that clear Bitcoin futures contracts or have exposure to the clearing of them, Risk.net reports. Last… Read More

March 7, 2018 @ 7:39 pm By JD Alois  |  

  CommonBond, an online lending platform servicing the student loan market, has received its first triple A rating for securitization. Moody’s has assigned provisional ratings of (P)Aaa (sf) to Class A-1 and A-2 notes to be issued by CommonBond Student Loan Trust 2018-A-GS (CBSLT 2018-A-GS)…. Read More

October 6, 2017 @ 9:29 am By JD Alois  |  

Moody’s Investor Service has upgraded 4Finance‘s credit ratings to B2 from B3. The upgrade comes as 4finance says it has passed € 5 billion in loan originations. The 4finance S.A. senior unsecured issuer rating was also upgraded to B2 from B3. The outlook on all ratings… Read More

December 10, 2016 @ 2:54 pm By JD Alois  |  

Moody’s is out with a note commenting on the Office of the Comptroller of the Currency’s recent announcement it will offer Special Purpose Bank Charters for Fintech firms.  The move by the OCC was in recognition of the growing importance of Fintech and the movement… Read More

September 22, 2016 @ 5:27 am By Erin Hobey  |  

P2P Global Investments and Zopa have teamed up to work on Europe’s first securitization of unsecured consumer loans originated online, reported Bloomberg. The £138M ($179 million) transaction is backed by 27,137 loans to individuals, according to Moody’s Investors Service, with a weighted average seasoning of 10 months and a maximum loan… Read More

September 10, 2016 @ 5:32 pm By JD Alois  |  

Foreshadowing the inevitability for all forms of finance moving online, Moody’s has published a report stating the Residential Mortgage Backed Securities (RMBS) will soon be issued by marketplace lending platforms. They also believe that current regulatory and securitization frameworks will reduce additional risk with RMBS… Read More