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.

BING NEWS:
  • Moody's confirms negative outlook on Italian banks due to NPLs
    ROME, Oct. 17 (Xinhua) -- Moody's Investors Service has confirmed its negative outlook on Italian banks ... weakest banks earlier this year," it said. "At the same time, the downside risks to Italy's creditworthiness remain elevated," the ratings agency ...
    10/17/2017 - 12:59 pm | View Link
  • 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.
    07/24/2013 - 6:55 am | View Link
  • Debt crisis: S&P downgrades 15 Italian banks
    "With Italy facing a potentially deeper and more prolonged recession than we had originally anticipated, we think Italian banks' vulnerability to credit ... Among the rating agency's moves, S&P cut Banca Monte dei Paschi di Siena to BBB-minus from BBB ...
    08/3/2012 - 10:43 am | View Link
  • Moody's cuts ratings for 13 Italian banks
    MOODY'S has cut its rating for 13 Italian banks, citing the weakened borrower standing of the Italian government after its credit grade was lowered last week. The ratings fell by one to two notches, with Unicredit and Intesa Sanpaolo both falling to Baa2 ...
    08/1/2012 - 4:20 am | View Link
  • Moody's downgrades three major Italian insurers
    All the institutions mentioned in the statement were given negative outlooks. On Monday, Moody’s cut the credit ratings of a string of Italian banks, bringing the country’s top lenders in line with a downgrade to Italy’s sovereign rating on Friday ...
    07/16/2012 - 1:00 pm | View Link
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