Moody's Investors Service has downgraded the credit rating on 28 Spanish banks, including Banco Santander, less than a month after cutting the nation's sovereign rating.
The ratings agency said the banks are linked to the sovereign, so Spain's reduced creditworthiness "implies a weaker credit profile for Spanish banks". The move follows a cut to the Spanish government's...
Northern LGPS will partner with ethical pensions campaign Make My Money Matter (MMMM) as part of wider plans to invest all assets in line with the Paris Agreement on climate change.
Latest Morningstar monthly flow figures
Lowest Q3 payout since 2010
The Covid-19 shock has amplified disruptive trends, but we see global investment opportunities in the volatility ahead.
In this live blog, Professional Pensions' sister title Investment Week collates all the breaking market news, analysis and opinion on equity, bond and currency movements as well as the impact of trade wars, tightening monetary policy and the Brexit negotiations....