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Interbank Rates Fall, But Credit Woes Remain - Philadelphia Inquirer
new york - the credit markets gave mixed signals on election day, showing more gradual improvement in interbank lending, but further troubles in such areas as corporate debt. lending rates between banks sank yesterday, suggesting a growing ...
www.philly.com

A.m. Best Withdraws Ratings Of Credit & General Insurance Limited
oldwick, n.j.----a.m. best co. has affirmed the financial strength rating of a- and the issuer credit rating of “a-” of credit & general insurance limited . the outlook for both ratings is stable.
biz.yahoo.com

Moody’s: Banks Likely To Keep Ratings
us-based credit watchdog moody’s investor service expects banks in the philippines and the rest of asia to feel the pinch of a global economic slowdown but remain strong enough to maintain their credit ratings.
business.inquirer.net

Credit-default Swaps On Italy, Spain, Deutsche Bank Most Traded - Bloomberg
nov. 5 (bloomberg) -- credit-default swap traders wagered the most on debt of italy, spain and deutsche bank ag, according to a depository trust & clearing corp. report that gives the broadest data yet on the unregulated market. a total $33.6 ...
www.bloomberg.com

Update 1-heidelbergcement's Q3 Profit Drops 25%, To Cut Costs - Forbes
frankfurt, nov 5 (reuters) - heidelbergcement's third-quarter pre-tax profit fell 25 percent, it reported on wednesday, and said it was launching a new cost-cutting campaign in the face of volatile energy costs and an economic slowdown which could ...
www.forbes.com

Township’s Credit Rating Improves
the woodlands township’s credit ratings have been bumped up a notch, financial consultant brian pate said at the board meeting wednesday.
www.hcnonline.com

Corporate Bond Risk Falls In Europe, Credit-default Swaps Show
contracts on the markit itraxx crossover index of 50 companies with mostly high-risk, high-yield credit ratings dropped 25 basis points to 730, according to jpmorgan chase & co. prices at 9:27 a.m. in london.
www.bloomberg.com

Bnp Paribas Net Profit More Than Halves - Cnbc
third-quarter net profit at bnp paribas more than halved due to higher provisions tied to the financial crisis, france's biggest bank by market capitalisation said on wednesday. the bad debt charge rose to 1.992 billion euros ($2.56 billion) during ...
www.cnbc.com

Business News In Brief - Philadelphia Inquirer
cigna corp.'s outlook was downgraded to negative from stable by standard & poor's corp. the downgrade also applies to the philadelphia health insurer's subsidiary, connecticut general life insurance co. "the negative outlook reflects cigna's weaker ...
www.philly.com

Moody's Cuts Icici Bank Uk's Ratings
global rating agency moody's has said the long-term debt and bank deposit ratings for icici bank uk, the british subsidiary of top indian private sector lender, have been revised to a notch lower to bring it in line with the baseline credit assessment of the parent company.
www.financialexpress.com

Credit Card Losses May Surpass Historical Peaks
rising job losses, volatile energy prices and fewer refinancing options will lead to higher delinquencies that are likely to push u.s. credit card portfolio losses past historical peaks in 2009, fitch ratings said in a report on monday.
news.yahoo.com

Construction Bank Plans China's First Commercial Mortgage Bonds - Bloomberg
nov. 5 (bloomberg) -- china construction bank, the nation's second-largest lender, plans to raise about 2 billion yuan ($292 million) in china's first domestic commercial mortgage-backed bond sale, according to two people involved in the matter ...
www.bloomberg.com

Hartford Financial To Slash 500 Jobs - Boston Globe
new york - hartford financial services group inc. will cut 500 jobs, or almost 2 percent of the staff, after posting a $2.63 billion third-quarter loss. the dismissals are part of a plan to save $250 million annually by the end of next year, company ...
www.boston.com

A.m. Best Affirms Ratings Of Transportation Property & Casualty Company Inc
oldwick, n.j.----a.m. best co. has affirmed the financial strength rating of a- and issuer credit rating of “a-” of transportation property & casualty company inc . the outlook for both ratings is stable.
biz.yahoo.com

S&p Keeps Ratings On Constellation Energy Group
standard & poor's ratings services kept its ratings for constellation energy group inc. on credit watch with developing implications monday after the power wholesaler said the closing on its revolving credit facility has been pushed to nov. 26.
biz.yahoo.com

Asia Puts Offs Bank Privatization To Fight Crisis - Reuters
seoul (reuters) - the global downturn is forcing south korea, thailand and indonesia to put on ice long-planned privatizations of banks which are either now needed as policy tools or look unattractively short of capital. as crumbling financial ...
www.reuters.com

Bnp Paribas's Q3 Profit Drops As Provisions Soar - Guardian Unlimited
paris, nov 5 (reuters) - third-quarter net profit at bnp paribas more than halved due to higher provisions tied to the financial crisis, france's biggest bank by market capitalisation said on wednesday. the bad debt charge rose to 1.992 billion euros ...
www.guardian.co.uk

Ratings Agency Says Infrastructure Credit To Tighten
the underlying credit fundamentals of infrastructure projects across the globe remain solid despite the global credit crisis, says moody's investors service in a new report.
www.joc.com

Moody's Reaffirms Icici Bank Ratings With Stable Outlook
international credit rating agency moody's today assigned icici bank the highest baseline credit assessment for any indian bank, while re-affirming all its existing ratings for the bank with a stable outlook.
economictimes.indiatimes.com

credit Ratings: No Change Right Now For Lincoln National - Hartford Courant
standard & poor's affirmed ratings on lincoln national corp. and operating subsidiaries tuesday but lowered its outlook on the ratings. the aa (very strong) credit and financial strength ratings on lincoln national life insurance co. and lincoln life ...
www.courant.com