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Moody’s cuts senior unsecured ratings on four major US banks

Friday, November 15, 2013

US ratings agency Moody’s downgrades four major US banks as government support for holding company debt is reduced

TAGS: Financials

Comment by: Anonymous. Posted 10 years ago [2013-11-15 15:17:36]

Good for Moody's - I'm skeptical this rating agency understands all the risks and assets of the banks well enough to make distinctions, say, between Baa1 and Baa2. But at least these rating actions are in the right direction ....

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Funds

Australian private credit fund-of-funds launched for retail investors 20 hours ago
New Mexico pension system approves USD 150m top-up to distressed debt fund 20 hours ago
Antares hires CSAM managing director 20 hours ago
MGG raises more than USD 400m in first close of lower middle market fund 1 day ago
Cheyne returns to SRT market with eye-catching hire 1 day ago

more stories...