Tougher Rules No Obstacle to Swedish Bank Growth: Regulator
Despite substantially higher reserve requirements than those set by Basel III, Sweden’s banks are doing well and look likely to continue to do so, according to the country’s regulator.
Moodys Downgrades Nordic Banks, Investors Yawn
Those AAA-rated subprime loans certainly didn’t help.
Moody's Cuts Hungary's Debt to Junk Status
Moody’s Investors Service cut Hungary’s rating from its lowest investment grade to junk on Thursday, with a negative outlook, despite the country’s appeal to the International Monetary Fund for help last week.