Moody's cuts Aussie banks despite improvements
Moody’s downgraded Australia’s four biggest banks this week, arguing their reliance on the wholesale funding markets made them vulnerable to credit shocks – despite the banks' efforts to move toward a more stable funding model over the last few years.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts