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NYCB's "outsized" CRE exposure prompts Morningstar DBRS downgrade
Reuters via Yahoo Finance Canada· 5 months ago(Reuters) - Morningstar DBRS downgraded the credit rating of New York Community Bancorp to "BBB"...
Banks face further loan losses from global office market slump - Morningstar DBRS
Reuters via Yahoo Finance Canada· 5 months agoBanks globally will likely rack up further losses on office property loans as a bruising crash in...
Morningstar DBRS downgrades NYCB by a notch on near-term earnings pressure
Reuters via Yahoo Finance Canada· 4 months agoThe company, which cut its rating in February pointing to the lender's "outsized" exposure to...
DBRS Morningstar cuts Credit Suisse credit rating to 'BBB'
Reuters via Yahoo Finance Canada· 1 year agoThe move follows Moody's earlier saying it will monitor Credit Suisse's situation and "act...
Nova Scotia Power's credit rating has been downgraded — again
CBC via Yahoo Canada News· 2 years agoNova Scotia Power has been hit with another credit rating downgrade courtesy of the Houston...
Credit rating agency raises N.L. debt rating to A level
CBC via Yahoo Canada News· 11 months agoNewfoundland and Labrador's credit rating has been raised by credit rating agency DBRS Morningstar....
Morningstar DBRS downgrades New York Community Bancorp
Reuters via Yahoo Finance Canada· 5 months agoFeb 8 (Reuters) - Ratings agency Morningstar DBRS on Thursday downgraded the credit rating of New York Community Bancorp to "BBB" from "BBB (high)". (Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)
Posthaste: If Canadians think car insurance is steep now, just wait until we're driving EVs
Financial Post via Yahoo Finance Canada· 5 months agoCanadians already complain about the higher costs of electric vehicles, but just wait until they get...
Credit unions that offer homebuyers way around stress tests set to grow
Financial Post via Yahoo Finance Canada· 1 year agoThere’s a multi-million-dollar corner of Canada’s financial system where a stringent “stress test”...
More private credit downgrades, more cov-lite in 2024, Morningstar DBRS says
Pitchbook via Yahoo Finance Canada· 7 months agoThe year 2024 is expected to be yet another challenging year for middle-market private credit borrowers, with the recent trend of downgrades exceeding upgrades expected to continue, according ...
