Moody's cuts ratings for 13 Italian banks
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Moody's cuts ratings for 13 Italian banks

Rome : Italy | Jul 16, 2012 at 2:52 PM PDT
Source: The Daily Telegraph
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S has cut its rating for 13 Italian banks, citing the weakened borrower standing of the Italian government after its credit grade was lowered last week. The ratings fell by one to two notches, with Unicredit and Intesa Sanpaolo both falling to Baa2 from A3. "Today's actions follow the weakening of the... FULL ARTICLE AT The Daily Telegraph
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Moody's on Thursday cut the debt ratings of 16 Spanish banks by one to three notches
Moody's on Thursday cut the debt ratings of 16 Spanish banks by one to three notches
 
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