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MOODY'S DOWNGRADE 15 BANKS INCLUDING UK BANKS

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MOODY'S DOWNGRADE 15 BANKS INCLUDING UK BANKS
22 June 2012, 00:07,
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Prepared Chick Offline
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MOODY'S DOWNGRADE 15 BANKS INCLUDING UK BANKS
HSBC, BARCLAYS, RBS & LLOYDS have been downgraded by Moody's including many international banks like Credit Suisse, Namoura Bank, JP Morgan, Bank of America, UBS, Goldman Sachs etc. With Barclays being the worst hit in UK with a two notch downgrade. Credit Suisse the worst hit international bank downgraded by three notches.

http://www.bbc.co.uk/news/world-18542691
http://news.sky.com/home/business/article/16250899
http://www.ft.com/cms/s/0/18e9a8f4-bbbc-...z1yT68GDMp

What is means for us in the UK?
http://news.sky.com/home/business/article/16251126

I have been desparately encouraging my family to try and get out of debt, credit, loans, overdraft etc., of course mortgage will be difficult. and to prep, prep, prep!
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MOODY'S DOWNGRADE 15 BANKS INCLUDING UK BANKS - by Prepared Chick - 22 June 2012, 00:07

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