Russia, China drove surge in defaults last year
Regulators prevented bank runs in wake of SVB, but rating agencies say funding and liquidity problems persist
An end to restrictive monetary policy not yet clear, Moody's cautions
Moody's finds companies with more diverse boards tend to have higher credit ratings
Complex undertaking will reduce counterparty risk, as well as margin and liquidity demands
Tighter funding conditions are squeezing upstarts, benefiting traditional firms
Central bank proposal would disintermediate banks and curb deposit funding
Protests due to economic stress can spill over to companies' credit quality and ratings, Moody's says
Regulators' actions show that code is not above the law
Rating agencies see credit challenges growing as macro conditions hit company finances