BRIEF-Poland's PZU says unit to issue bonds worth up to EUR 350 mln + MORE

[Buzz_Burner_Fresh_Updates] BRIEF-Poland's PZU says unit to issue bonds worth up to EUR 350 mln – reuters.com * PZU Finance, a unit of Polish insurer PZU, will issue 5-year bonds worth up to 350 million euros ($398 million), PZU said on Monday. Continue Reading On reuters.com » Fitch: Credit, Liquidity Profile Diversity Heightens Among European VNAV […]

Fitch: Thai Default Highlights Risks to Banks, But They Remain Resilient

[Buzz_Burner_Fresh_Updates] Fitch: Thai Default Highlights Risks to Banks, But They Remain Resilient – reuters.com (The following statement was released by the rating agency) BANGKOK, October 12 (Fitch) The largest Thai corporate default since the aftermath of the 1997 financial crisis will lead to more non-performing loans (NPLs) in the Thai banking system and reflects risks […]

Fitch Affirms Ethiopia at 'B'; Outlook Stable

[Buzz_Burner_Fresh_Updates] Fitch Affirms Ethiopia at 'B'; Outlook Stable – reuters.com (The following statement was released by the rating agency) PARIS/LONDON, October 09 (Fitch) Fitch Ratings has affirmed Ethiopia’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘B’. The Outlooks are Stable. The issue ratings on senior unsecured foreign currency bonds have also been […]

Fitch: Emerging Asia Sovereigns Stronger Than Pre-Asian Crisis as Risks Rise + MORE

[Buzz_Burner_Fresh_Updates] SoftBank leads $1 bln investment in U.S. fintech startup SoFi – reuters.com TOKYO, Oct 1 (Reuters) – SoftBank Group Corp said it had led a $1 billion investment in U.S. financial technology startup SoFi, calling it the largest single financing round in the fintech space to date. Continue Reading On reuters.com » TABLE-India govt's […]

MOVES- Temasek Holdings, Horizon Investments, Pramerica, Amundi + MORE

[Buzz_Burner_Fresh_Updates] MOVES- Temasek Holdings, Horizon Investments, Pramerica, Amundi – reuters.com Sept 30 (Reuters) – The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. Continue Reading On reuters.com » Fitch Affirms Hastings at 'B+'; Outlook Stable – reuters.com (The following statement was released by the rating […]

Fitch Affirms Taiwan's SinoPac Financial Group at 'BBB'; Outlook Stable + MORE

[Buzz_Burner_Fresh_Updates] China money rates dip on c.bank liquidity injection, flat on week – reuters.com SHANGHAI, Sept 25 (Reuters) – China’s money rates fell slightly on Friday but were almost flat for the week, after the central bank injected funds into the market to help banks offset liquidity demands ahead of the long holiday starting next […]

UPDATE 1-Ex-Morgan Stanley adviser pleads guilty in connection with data breach + MORE

[Buzz_Burner_Fresh_Updates] UPDATE 1-Ex-Morgan Stanley adviser pleads guilty in connection with data breach – reuters.com NEW YORK, Sept 21 (Reuters) – A former Morgan Stanley financial adviser who was fired in connection with a major breach of client information pleaded guilty on Monday to taking confidential data for hundreds of thousands of customer accounts from a […]

U.S. SEC removes credit-rating references from money fund rules + MORE

[Buzz_Burner_Fresh_Updates] U.S. SEC removes credit-rating references from money fund rules – reuters.com WASHINGTON, Sept 16 (Reuters) – U.S. securities regulators adopted rules on Wednesday that strip out references to credit ratings from their rule book governing money market funds, as part of an ongoing effort to reduce the industry’s reliance on credit-rating agencies since the […]