{"id":20154,"date":"2012-06-22T15:59:37","date_gmt":"2012-06-22T12:59:37","guid":{"rendered":"http:\/\/www.nationalturk.com\/en\/?p=20154"},"modified":"2012-06-22T15:59:37","modified_gmt":"2012-06-22T12:59:37","slug":"15-worlds-biggest-banks-downgrated-by-credit-rating-agency-moodys-20154","status":"publish","type":"post","link":"https:\/\/www.nationalturk.com\/en\/15-worlds-biggest-banks-downgrated-by-credit-rating-agency-moodys-20154\/","title":{"rendered":"15 world’s biggest banks downgrated by Credit Rating Agency Moody’s"},"content":{"rendered":"
\"15<\/a>
15 world's biggest banks downgrated by Credit Rating Agency Moody's<\/figcaption><\/figure>\n

Ratings agency Moody’s\u00a0has downgraded the credit ratings of Canada’s biggest bank – the Royal Bank of Canada, Royal Bank of Scotland, Barclays and HSBC\u00a0and a few other institutions with global operations.<\/h1>\n

There are concerns that the move by Moody\u2019s will add to funding pressures for credit-hit banks, potentially making it harder for them to borrow money commercially.\u00a0The credit rating agency – Moody’s Investors Service, which forewarned banks and the other institutions about four months ago that a downgrade was possible, cut the credit scores\u00a0of banks to new lows to reflect new risks that the industry has encountered since the financial crisis.<\/p>\n

‘ While Moody’s has changed their overall view of the capital markets industry, RBC Capital Markets has been consistently profitable, thanks to a strategic and measured approach to growth and prudent risk management. ‘ Royal Bank of Canada said in a statement.<\/p>\n

\"Moody's<\/a>
Moody's Financial Analyses<\/figcaption><\/figure>\n

Credit Rating Agency Moody’s Downgrades 15 Banks \/\u00a0Moody’s cut the credit ratings of some of the world’s largest financial institutions<\/h2>\n

Moody’s divides the 15 world’s banks into 3 main groups : \u00a0the top group, which had the highest ratings as\u00a0JP Morgan, HSBC and Royal Bank of Canada to have\u00a0stable businesses sufficient. The second group were\u00a0Goldman Sachs, Deutsche Bank and Credit Suisse. The credit rating agency Moody’s explained that some of this institutions\u00a0still managed risk indeed\u00a0even though they really consist on their markets businesses to grafity their shareholders. And group number three, the weakness fraction\u00a0and included Bank of America, Citigroup, Morgan Stanley and Royal Bank of Scotland. Rating agency\u00a0Moody’s said these banks have either had ‘ problems in risk management or have a history of high volatility, ‘ and some of them have completed business strategy changes.<\/p>\n

Mark Grant – managing director at Southwest Securities Inc. said : ‘\u00a0The biggest surprise is the three-notch downgrade of Credit Suisse, which no one was looking for.\u00a0In fact, it was Morgan Stanley that was supposed to be downgraded by that amount and Morgan received only two notches of cuts. ‘<\/p>\n

Banks leaders are strongly disagrees\u00a0with Moody’s ratings change \/\u00a0credit ratings agency Moody’s has downgraded 15 global banks and financial institutions, analyses of investment<\/h3>\n

Spokesman of Citigroup said : ‘\u00a0We have been especially surprised by Moody’s disproportionately adverse treatment of United States firms relative to banks in Europe. ‘ In downgrading Citigroup, Moody’s agency said it contemplated the bank’s changeable earnings\u00a0and the problems it had managing risk in the financial crisis.<\/p>\n

Ahead of the Moody’s downgrades, corporate treasurers had silently precipitated their own reviews of where to put their bank deposits, who they trade swaps with and who they borrow from.<\/p>\n\n","protected":false},"excerpt":{"rendered":"

Ratings agency Moody’s has downgraded the credit ratings of Canada’s biggest bank – the Royal Bank of Canada, Royal Bank of Scotland, Barclays and HSBC and a few other institutions with global operations. <\/p>\n","protected":false},"author":715,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25,80,68,63,51,17,118,14],"tags":[25723,25718,25717,25722],"class_list":["post-20154","post","type-post","status-publish","format-standard","hentry","category-america","category-breaking-news","category-business","category-daily","category-economy","category-europe","category-hot","category-world","tag-15-biggest-banks-world","tag-citigroup-america","tag-royal-bank-of-canada","tag-royal-bank-of-scotland"],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/20154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/users\/715"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/comments?post=20154"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/20154\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media?parent=20154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/categories?post=20154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/tags?post=20154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}