Moody's reviewing 17 banks, securities firms
China Daily | Updated: 2012-02-17 07:42
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The ratings agency Moody's Investors Service may cut the credit ratings of global banks, including UBS AG, by as many as three levels. A three-level downgrade by Moody's would reduce Zurich-based UBS from Aa3 to A3, the fourth-lowest investment grade. Gianluca Colla / Bloomberg |
Companies may see downgrades from exposure to EU debt risk
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