But with doubts about whether Greece will stick to its EU, ECB and IMF-prescribed austerity policies after a cliff-hanger election on Sunday, some at the central bank would prefer not to include Greek bonds. For the top rating agencies, Standard and Poor's, Moody's, Fitch and DBRS, all of which upgraded Greece last year, any exclusion from ECB buying would pose a...» Read More
Nasdaq OMX Group said it will form a joint venture with SharesPost to establish a marketplace for private companies. The stock exchange operator will retain a majority stake in Nasdaq Private Market.
Shares in credit rating agency Moody's fell sharply on Friday as it faces a possible federal fraud lawsuit over its pre-crisis debt ratings.
The U.S. must do more than the recently passed "fiscal cliff" measures if the country is to rescue its Aaa debt rating from its current negative outlook, rating agency Moody's Investors Service said on Wednesday.