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Rating Agencies
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Ratings Firm Egan-Jones Accused of Inflating Grades for $40 Billion of Insurer Debt
Egan-Jones, which privately graded approximately $40 billion of debt investments on U.S. insurers' books, has been accused by former employees of pressuring staff to inflate ratings to gain business.
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S&P Global Ratings Acquires a Majority Stake in Nigerian Rating Agency Agusto & Co. to Expand Its Coverage of the African Market
S&P Global Ratings has acquired a majority stake in the Nigerian rating agency Agusto & Co. The move is aimed at expanding S&P’s business presence in Africa, a region considered underserved by global
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Ratings Firm Egan-Jones Accused of Inflating Grades for $40 Billion of Insurer Debt
Egan-Jones, which privately graded approximately $40 billion of debt investments on U.S. insurers' books, has been accused by former employees of pressuring staff to inflate ratings to gain business.
-
S&P Global Ratings Acquires a Majority Stake in Nigerian Rating Agency Agusto & Co. to Expand Its Coverage of the African Market
S&P Global Ratings has acquired a majority stake in the Nigerian rating agency Agusto & Co. The move is aimed at expanding S&P’s business presence in Africa, a region considered underserved by global
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Rating Agencies
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