Friday, May 30, 2014

Moody’s says EU reform weighs on outlook for 82 European banks

PARIS, May 30- Moody’s rating agency lowered the credit outlook for 82 European banks on Friday because a new EU law makes banks mutually responsible for risks in the event of another crisis. The decision highlights the difficulties of cleaning up and underpinning the banking system which was a focus of public and political anger […]

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