Credit Agency Ratings
On October 26, 2012, rating agency Moody’s Investors Service said it is reviewing the long-term ratings of the Bank of Nova Scotia because of concerns about consumer debt levels, housing prices, a sizable exposure to capital markets and more.
Read more about this topic: Scotiabank
Famous quotes containing the words credit and/or agency:
“It is probable that the principal credit of miracles, visions, enchantments, and such extraordinary occurrences comes from the power of imagination, acting principally upon the minds of the common people, which are softer.”
—Michel de Montaigne (1533–1592)
“It is possible that the telephone has been responsible for more business inefficiency than any other agency except laudanum.... In the old days when you wanted to get in touch with a man you wrote a note, sprinkled it with sand, and gave it to a man on horseback. It probably was delivered within half an hour, depending on how big a lunch the horse had had. But in these busy days of rush-rush-rush, it is sometimes a week before you can catch your man on the telephone.”
—Robert Benchley (1889–1945)