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List of 15 Banks Downgraded by Moody's Today

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Guest

Anonymous
Guest

List of 15 Banks Downgraded by Moody's Today

Posted By: MrFusion [Send E-Mail]

downgraded 3 notches:
Credit Suisse, from Aa2 to A2

downgraded 2 notches:

Morgan Stanley, to Baa1
Union Bank of Switzerland
Goldman Sachs, from A1 to A3
Barclays, to A3
BNP Paribas, AA3
Credit Agricole, to AA3
Royal Bank of Canada, to Aa3
Deutsche Bank, to A2
Fortis
Lloyds
Bank of America

downgraded 1 notch:

Royal Bank of Scotland, to Baa1, outlook negative
HSBC, to AA2
Soc Gen, to A2
Citigroup, to Baa2, outlook negative


Posted by John MacHaffie at7:51 PM


Article Link: http://www.nesaranews.blogspot.com/2012/06/list-of-15-banks-downgraded-by-moodys.html

PurpleSkyz

PurpleSkyz
Admin

l LOVE it!!!!



  

Herb Lady

Herb Lady

Ok I missed something somewhere.

What does it mean that they have been down graded?
And what are the repercussions?

Guest

Anonymous
Guest

Not good for the economy, not obviously them! Tells us the Euro is in major trouble & there may be more bank runs & a financial crash...which at this point we want so we can bring in the new global banking system!

Herb Lady

Herb Lady

Oh, ok - Thanks for explaining!



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