Moody’s Signals Possible Downgrades for Bank of America, Citigroup and Wells Fargo
Just as it did with UK banks, Moody’s has put some US banks on review for downgrade based on the prospect of reduced systemic support. Moody’s today placed the deposit, senior debt, and senior subordinated debt ratings of Bank of America Corporation (A2 senior), Citigroup Inc. (A3 senior), Wells Fargo & Company (A1 [...]
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