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Moody's downgrades a dozen British banks

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Fri, 07 Oct 11 4:02 PM | 80 view(s)
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Update: 07/10/2011 - banking - credit crisis - UK

Moody's downgrades a dozen British banks

Credit rating agency Moody's has downgraded 12 British financial institutions, including Lloyds and Royal Bank of Scotland, claiming the government has become less inclined to step in when banks get into trouble.

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http://www.france24.com/en/20111007-moodys-downgrades-12-british-banks-rbs-lloyds-ratings




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