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Moody’s Follows Through on Banks’ Downgrade Threat

posted by Avatar eToro 362 days ago in USD, Fundamental, Daily made popular 361 days ago

Late yesterday, after Wall Street closed, several of the world’s largest banking firms saw their credit ratings downgraded by Moody’s. Among the major banks which were downgraded were U.S.-based Bank of America, JP Morgan Chase and Citigroup, Germany’s Deutsche Bank, the U.K.’s Barclays, and Switzerland’s Credit Suisse. The investors’ services grou
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