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Home | Moody’s downgrades Barclays, HSBC and RBS |
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Moody’s downgrades Barclays, HSBC and RBS
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- June 22, 2012
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Moody’s has “repositioned” the ratings of 15 banks and securities firms with global capital markets operations, with Barclays, HSBC and Royal Bank of Scotland (RBS) all downgraded. The credit rating firm says the banks affected have “significant exposure to the volatility and risk of outsized losses inherent to capital markets activities”. In addition, the actions [...]
- Read more at:http://www.bankingtimes.co.uk/2012/06/22/moodys-downgrades-barclays-hsbc-and-rbs/
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