Hints and tips:
...Moody’s has upgraded the bank’s outlook to positive on the view that the new capital will improve its solvency....
...And all of this happened while Mr Kamini Sr was joint CEO, a position he held until March 2019. Cool, cool....
...The ETF also owns loans from SRS Distribution, which we must assume have better terms than its bonds....
...As well as making hit records, Otis Sr hosted television and radio shows, wrote books, discovered singers including Etta James and worked as a preacher and political activist in Los Angeles....
...It’s not the first time that somebody from the emerging markets has tried to challenge the dominance of the world’s three big credit rating agencies – S&P, Moody’s and Fitch....
...Former CEO Russell Wasendorf Sr stood accused of stealing over $200m from customers of the futures brokerage he headed. The firm filed for bankruptcy in July and the search for client funds is ongoing....
...According to Moody’s Investors Service, Litton has retained the right to modify loans in 95 per cent of the securities backed by loans it services....
...But things like Moody’s putting UBS’s long-term debt on review for a downgrade earlier this month, would not have helped matters....
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