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Home | UBS credit rating under review |
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UBS credit rating under review
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- September 16, 2011
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UBS’s credit rating is under review, with Moody’s reconsidering the group’s Aa3 long-term debt and deposit ratings in the light of alleged fraud. Yesterday, Switzerland’s biggest bank announced it had discovered losses on unauthorised trades in the region of $2 billion and Moody’s has responded saying the primary focus of its review will be “ongoing [...]
- Read more at:http://www.bankingtimes.co.uk/2011/09/16/ubs-credit-rating-under-review/
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