Moody’s downgrades 12 UK banks
Moody’s has downgraded 12 UK banks due to a downward reassessment of their systemic support. The large banks have been downgraded one or two notches and the smaller ones were downgraded up to five. All bar Yorkshire building Society are expected to maintain their triple A covered bond rating.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: