INQUIRER.net: Moody’s eyes downgrade of biggest US banks

INQUIRER.net Philippine News for Filipinos

Shop Best Buy Find this week's deals in computers, cameras, phones, and more! Choose store pick up or other shipment options. From our sponsors

Moody's eyes downgrade of biggest US banks Aug 22nd 2013, 23:58 NEW YORK CITY – Ratings agency Moody's said Thursday it was mulling a downgrade for four major US banks due to an expected reduction in government support under financial reforms.   JPMorgan Chase, the largest US bank by assets; Wells Fargo and investment banks Goldman Sachs and Morgan Stanley were placed under review for a lower credit rating.   Two other banks – Bank of America, the second-largest US bank, and Citigroup— also were under review but the direction of their rating was uncertain, Moody's said in a statement.   Moody's said that the six largest US banks were under review as it "considers reducing its government (or systemic) support ass... Keep on reading: Moody’s eyes downgrade of biggest US banks Media files: moodys-signage-1024x682.jpg (image/jpeg)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions