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:
  • 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 - 6:57 am | View Link
  • S&P cuts rating on 18 medium-sized Italian banks
    The ratings for UBI and Credem were lowered to 'BBB-', that of Banca Popolare di Milano (PMII.MI) and Banco Popolare Societa Cooperativa (BAPO.MI) to 'BB', while Banca Carige (CRGI.MI) was cut to 'BB-'. Other affected banks included FGA Capital ...
    07/24/2013 - 6:52 am | View Link
  • S&P affirms ratings of bigger Italian banks
    MILAN (AP) — Standard & Poor's on Monday affirmed the ratings of 15 of Italy's biggest banks, and has cut the ratings on 15 more lenders. The U.S. credit ratings agency warned that Italy's recession will be potentially deeper and more prolonged than ...
    08/6/2012 - 4:11 pm | View Link
  • UniCredit, Intesa Among 26 Italian Banks Cut by Moody’s
    May 15 (Bloomberg) -- UniCredit SpA and Intesa Sanpaolo SpA 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 ...
    05/14/2012 - 5:00 pm | View Link
  • Italian banks have credit ratings cut by Moody's
    Ratings agency Moody's has cut the credit ratings on 26 Italian banks, including Italy's largest lenders Unicredit and Intesa Sanpaolo. Italy's economy is contracting while the government also tries to reform the nation's public sector. The agency said the ...
    05/14/2012 - 11:35 am | View Link
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