Sen. Al Franken, D-Minn., is set to try to reform credit rating agencies. May 4, 2010— -- Sen. Al Franken has written an amendment to financial overhaul legislation that would seek to prevent ...

Misheck Mutize does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

NEW YORK, Aug 22 (Reuters) - Lambasting credit rating agencies is a favorite pastime of many debt market participants. However, self-interest appears to drive many of the most common criticisms, and ...

The proposed Africa Credit Rating Agency (AfCRA), to be headquartered in Mauritius under the African Union’s umbrella, aims to provide that alternative view. Backed by Afreximbank and several African ...

The high cost of debt and consequent debt servicing have meant that financing for environment, climate adaptation, and food security gets short shrift when there’s a debt crisis. Credit rating ...

Following a turbulent year in higher education, the “Big Three” credit rating agencies report that financial challenges for universities are expected to continue in 2026. Fitch Ratings, Moody’s ...

Global credit ratings agency Standard & Poor’s (S&P) has upgraded Kenya’s long-term sovereign credit rating from ‘B-’ to ‘B’, citing a significant reduction in near-term external liquidity risks. The ...

Daniel Cash does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...

The agency, which would craft its own assessment of the risks in lending to African countries, would be based on the continent. The African Union intends to launch a new African credit rating agency ...