S&P cuts Guatemala credit outlook to negative from stable
Oct 28 S&P Global Ratings on Friday revised the sovereign credit outlook for Guatemala down to negative from stable, and affirmed its current BB/B foreign currency ratings.
DUBLIN, April 29 An Irish judge said on Tuesday he would not jail two former senior executives at Anglo Irish Bank who were convicted on charges of illegal lending and providing unlawful assistance to investors.
Former finance director Willie McAteer and the bank's head of Irish lending, Pat Whelan, are not deserving of prison sentences because they were given inaccurate advice by Ireland's financial regulator that had led them into law-breaking, Judge Martin Nolan told Dublin's Circuit Criminal Court.
The two were found guilty earlier this month on charges of illegal lending and providing unlawful assistance to investors with each charge carrying a maximum sentence of five years, a 3,000 euro fine or both. No senior Irish banker has been jailed since Ireland's financial crisis began in 2008. (Reporting by Sarah O'Connor; Writing by Conor Humphries; Editing by Mark Heinrich)
BRASILIA, Oct 27 A Brazilian prosecutor investigating potentially corrupt investments made by state pension funds said the real estate company run by Republican presidential candidate Donald Trump appears to have benefited "suspiciously" from a massive redevelopment of Rio de Janeiro's port ahead of the Olympics.
* Says priced an offering of $650 million aggregate principal amount of 1.500 pct notes due 2019