Italian Banks' Ratings Cut By Moody's

Moody's Investors Service lowered its long-term ratings on 10 Italian banks and its issuer ratings on three Italian financial institutions by one to two notches Monday.

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BING NEWS:
  • S&P cuts rating on 18 medium-sized Italian banks
    MILAN (Reuters) - Ratings agency Standard & Poor's cut its long-term counterparty credit ratings by one notch on 18 medium-sized Italian banks, including Unione di Banche Italiane (UBI.MI) and Credito Emiliano (EMBI.MI), citing a worsening economic outlook.
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  • S&P cuts ratings of 15 Italian banks
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  • S&P Says Italian Banks Look More Vulnerable, Cuts Ratings On 15
    Standard & Poor’s cut its ratings on 15 Italian banks Friday, warning that the country’s recession is likely to be worse than it previously expected. “We think Italian banks’ vulnerability to credit risk in the economy is rising,” S&P said ...
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  • UniCredit, Intesa Among 13 Italian Banks Cut by Moody’s
    UniCredit SpA (UCG) and Intesa Sanpaolo SpA (ISP) were among 13 Italian banks that had credit ratings cut by Moody’s Investors Service, which cited the nation’s weakening economy and government finances. UniCredit, Italy’s biggest bank, and Intesa ...
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  • UniCredit, Intesa Among 26 Italian Banks Cut by Moody’s
    were among 26 Italian banks that had their credit ratings cut one to four levels by Moody’s Investors Service, which cited weakened earnings and the country’s economic outlook. UniCredit, Italy’s biggest bank, had its long-term debt rating lowered on ...
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