Bail-in and ring-fencing turn Moody's negative on UK banks
Moody’s changed its outlook for the UK’s banking sector to negative on Wednesday, judging that banks are likely to benefit from less support from the sovereign in the future. The agency also noted that plans to ring-fence retail banking rom investment banking could harm credit ratings.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: