食品安全法律法规汇编:Moody's cut debt ratings of major U.S. banks

来源:百度文库 编辑:九乡新闻网 时间:2024/07/14 08:21:14

Moody's cut debt ratings of major U.S. banks

(Xinhua)

08:39, September 22, 2011

NEW YORK, Sept. 21 (Xinhua) -- The rating agency Moody's on Wednesday cut the debt ratings of Bank of America Corp, Wells Fargo & Co and Citigroup Inc, due to concerns about the government' s willingness to support large lenders.

The rating agency said that the government is more likely to give up big financial institutions if they get into trouble than during the financial crisis.

Moody's downgraded Bank of America's long-term senior debt rating to Baa1 from A2 and its short-term debt rating to Prime 2 from Prime 1.

Moody's also cut Wells Fargo's long-term debt to A1 from Aa3 and Citigroup's short-term debt from Prime 1 to Prime 2. The rating agency gave a negative outlook to all three banks.

The action concluded the rating agency's move three months ago when it placed the three U.S. biggest banks' debt ratings under review for a potential downgrade.

Email|Print|Comments(Editor:张茜)

Increases the bookmark

  • twitter
  • facebook
  • Sina Microblog
  • digg
  • Google
  • Delicious
  • buzz
  • friendfeed
  • Linkedin
  • diigo
  • reddit
  • stumbleupon
  • Qzone
  • QQ Microblog

Related Reading

  1. Moody's lowers Japan's gov't debt rating
  2. Moody's says Australian carbon price not to weigh on corporate ratings
  3. Moody's cut Ireland ratings to junk status
  4. EU fights back on Moody's downgrading Portugal
  5. Moody's warns on local finances
  6. Moody's cuts Portugal rating to junk
  7. Moody's ups Brazilian credit rating
  8. Moody's says China banking system outlook stable
  9. Moody's downgrades five Danish banks' long-term ratings
  10. Moody's downgrades Jordan's outlook to "negative" over unrest

Leave your comment0 comments

  1. Name

Weekly review

  1. China's actions in Libya show diplomatic maturity
  2. Massive manhunt on after prison break near Beijing
  3. Opinion: China needn't thank Osama bin Laden
  4. What 'invisible expenditures' does US military have?
  5. Japan premier talks tough on China's military
  6. China's J-10 on website's list of "Top Ten Fighter Plane"
  7. India makes waves with South China Sea oil and gas exploration
  8. Beijing Capital Airport quells UFO flight delay rumor