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About Me

Found 2 results

  1. More follows indeed. http://www.telegraph.co.uk/business/2017/08/22/provident-financial-shares-plunge-losses-deepen-boss-quits/ http://www.cityam.com/270642/provident-financial-woes-worsen-sub-prime-lender-warns No need to worry, Mark Carney's been vigilant.
  2. Not quite a ratings downgrade, but a move in that direction. Includes everything but 'prime' mortgages: [Added emphasis, ABS is asset-backed security, RMBS is residential mortgage-based security] https://www.moodys.com/research/Moodys-Rising-household-indebtedness-and-weaker-macro-outlook-will-weaken--PR_370580 More in the Guardian: https://www.theguardian.com/business/live/2017/jul/31/oil-sanctions-venezuela-china-uk-credit-eurozone-pmis-?page=with:block-597f1446e4b06059b8ca7a61#block-597f1446e4b06059b8ca7a61
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