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9
Oct

UK Banks Downgraded: Markets Jittery

Posted by Susan Mitchell (0) Comment

Beleaguered savers faced a new nightmare yesterday as 12 banks and building societies had their credit ratings downgraded.

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Category : Banking News | Blog
21
Sep

Moody’s Downgrades BofA, Wells Fargo and Citi Debt Ratings

Posted by Susan Mitchell (0) Comment

Moody’s Investors Service lowered the debt ratings for Bank of America Corp., Wells Fargo & Co. and Citigroup Inc., saying it is now less likely that the U.S. government would step in and prevent the lenders from failing in a crisis.

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Category : Banking News | Blog