Moody's Defends European Bank Downgrades

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Fri, 06/22/2012 - 2:46am

Toronto StarMoody's defends European bank downgradesMarketWatchBy Max Colchester LONDON--Moody's Investors Service Friday defended its decision to issue a slew of downgrades to Europe's biggest lenders after several of the continent's banks hit out over the "backward" nature of the review.Moody's Bank Downgrades: Market Says 'Meh'CNBC.comBank Investors Dismiss Moody's Cuts as Years Too LateBloombergRoyal Bank of Scotland says Moody's downgrade is backward-looking; big UK ...Washington PostNew York Times -The Guardianall 1,821 news articles »

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Topics: banks credit rating debt europe moody's moody's investors service rating agency

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