S&P Downgrades Bahrain’s Al Baraka Bank to Junk Status
Bahraini lender Al Baraka has been downgraded to junk status by Standard & Poor's, the only credit rating…
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S&P
S&P Affirms Egypt’s Rating on Gulf Funds
Standard & Poor's Ratings Services kept its credit rating for Egypt unchanged, after Gulf states pledged…
Barclays, Credit Suisse, Deutsche Bank Ratings Cut by S&P
Barclays Plc (BARC), Deutsche Bank AG (DBK) and Credit Suisse Group AG (CSGN) had their credit ratings…
S&P Cuts Rating On Four Egyptian Banks On Debt Risk
Standard & Poor's cut its rating on four Egyptian banks on Tuesday, saying they held a large amount of…
Egypt T-Bill Yields Jump Most In Two Years On Budget Needs, S&P
Egypt’s local-currency borrowing costs surged the most in more than two years as the government was forced to…
U.S. Stocks Tally April Gains; S&P 500 Hits Record
U.S. stocks rose on Tuesday, with the S&P 500 index posting its longest monthly win streak since September…
Dow And S&P 500 Finish At All-Time Closing Highs
U.S. stocks gained Tuesday, with the Dow Jones Industrial Average and the S&P 500 both closing at record highs…
S&P Hires Top Banking Lobbyist To Run Global Policy Operations
Standard & Poor’s, the McGraw-Hill Cos. unit facing a $5 billion lawsuit from the U.S. Justice Department,…
Dow Posts Weekly Loss; S&P, Nasdaq Extend Streak
U.S. stocks ended higher on Friday following strong trade data, though the Dow Jones Industrial Average posted a…
Gulf Banks Replace Europeans As Middle East Buyers, S&P Says
Gulf banks will remain big buyers of financial assets in the Middle East and North Africa, attracted by lower…
