Bloomberg UBS Group AG had the credit rating for its main operations raised by Moody’s Investors Service, which said the restructured investment bank and wealth management business should help the lender weather a market downturn. The long-term issuer and senior unsecured debt ratings of UBS AG, which comprises the main banking and wealth management businesses of UBS, were raised one …

Bloomberg Credit Suisse Group AG is betting that the leveraged loan market can continue its explosive growth over recent years, as buyout firms sitting on unprecedented levels of capital look to maximise their firepower over the next few years. “There is over a trillion dollars of capital committed to private equity firms that has yet to be deployed,” David Miller, …

Bloomberg Former Bank of England (BoE) policy maker Andrew Sentance said the UK shouldn’t look overseas for the institution’s next governor, criticising incumbent Mark Carney for not knowing enough about Britain. Sentance, a member of the Monetary Policy Committee from 2006 to 2011, told the Press Association that Carney’s “lack of confidence with raising interest rates has been due to …