Moody’s cuts credit ratings of 16 Spanish banks and four regions

Friday, May 18th 2012 - 09:31 UTC

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Ratings agency Moody's has cut the credit ratings of 16 Spanish banks, a further blow to a country that is struggling to deal with the bad debts of its banking sector. It also cut the debt rating on Santander UK, a subsidiary of the Spanish banking giant. Read full article

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DanyBerger
Oops another crisis perhaps?
May 19th, 2012 - 03:23 pm - Link - Report abuse 0
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