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My Week If there was any justice in the financial world, the people who run the big debt rating agencies would be hanging from lamp-posts along with the investment bankers for the way in which their activities contributed to the 2008 financial crash. But they emerged pretty well unscathed, barring a few uncomfortable sessions before congressional committees. Politicians threatened all sorts of legislative nasties at the time, but it turned out to be all sound and fury signifying not very much.

S&P fights to save reputation as markets hold their breath

White House attacks $2 trillion 'error' of credit rating agency after US downgrade

US credit rating downgrade fuels crisis

The United States was reeling today after Standard & Poor's lowered the nation's AAA credit rating for the first time since granting it in 1917.

US debt deal may be too little, too late

The fight to save the US's AAA rating is just beginning, with huge implications for the global economy

Bank shares slide over US fears

Banking shares suffered more heavy losses today as traders continued the countdown to potential financial meltdown in the United States.

News Corp shares rally after losses

News Corporation shares rallied today amid reports it may bring forward plans to split Rupert Murdoch's chairman and chief executive role in the wake of the phone hacking scandal.

Stephen Foley: Everything changes in global financial markets if there's a credit-rating cut

US Outlook: Less than three years after the collapse of Lehman Brothers, a second financial crisis is now more likely than not. Against the backdrop of calm equity markets and a positively sanguine bond market, I know this makes me sound like Chicken Little. But let me explain.

Europe threatens 'mad' ratings agencies

The leading credit ratings agencies were threatened with tighter regulation and break-up yesterday by some of Europe's most powerful politicians.

Portugal’s debt cut to junk in new euro crisis

Christine Lagarde began her first day as the head of the International Monetary Fund (IMF) yesterday facing a new eurozone crisis after the Moody's credit-rating agency consigned Portugal's debt status to junk.

David Prosser: Making the banks even less safe?

Outlook Moody's, the credit ratings agency, has an interesting take on the banking reforms unveiled by the Chancellor this week. While the aim of George Osborne's ring-fencing proposals is to make the banking sector safer, Moody's says it will actually be more likely to downgrade the ratings it gives leading banks if the reformsproceed as expected.

Moody's wobbles on UK rating

Britain's cherished AAA credit status is under threat from the faltering recovery and higher than expected public borrowing, ratings agency Moody's warned yesterday.

Japan faces downgrade and a slow recovery

The difficult short- and long-term challenges facing the Japanese economy have been underlined by the Moody's ratings agency, which says it may slash the nation's sovereign debt ratings. It has placed Japan's Aa2 foreign and local currency bond ratings on review for a possible downgrade.

RBS and Lloyds may face credit-ratings cut

The tougher regulatory backdrop in the UK could trigger a ratings cut for up to 14 financial institutions, including the Royal Bank of Scotland and its part-nationalised peer, Lloyds, the credit ratings agency Moody's warned yesterday.

Moody's St George's Day return lifts English spirits

Wasps 10 Bath 43

Ireland's debt rating downgraded

Ireland's debt rating was downgraded to just above junk status today amid warnings that austerity plans may not be enough to repair its battered economy.

David Prosser: It is not Sorrell that the Chancellor needs to convince but our lenders

Outlook George Osborne was delighted with the affirmation for his Budget provided yesterday by the WPP boss, Sir Martin Sorrell. But the advertising guru was not the only one who had spent the night poring over the small print: the team at Moody's were also on the case and the conclusions they reached will have been rather less palatable for the Chancellor.

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