Speculative-grade companies spent an amount equal to four times their discretionary cash flow on dividends and buybacks in 2014, says Moody's.
First-quarter negative impact numbers for North American and European corporations eclipse even the height of the euro crisis, survey says.
Financial services firms are trying to compete with new entrants that are using new technology, survey says.
Greece has until June 30 to pay the International Monetary Fund a total of 1.5 billion euros.
The market for risk is changing.
Nearly seven years after the global financial crisis, "a culture of integrity has failed to take hold" on Wall Street, finds one survey.
Understanding foreign exchange risk in the context of enterprise risk management enables finance chiefs to avoid overhedging their forex risks.
The fall in oil prices is expected to fuel an increase in the oil and gas default rate from 2.7% to 7.4% by March 2016.
U.S. corporations and listed companies would do well to redouble their efforts to comply with the Foreign Corrupt Practices Act.
Moody's report finds that 75% of investment-grade spinoffs avoided drop into speculative-grade territory.