Moody’s May Downgrade 17 Global And 114 European Financial Institutions (Reuters)

– Moody’s may downgrade UBS and Morgan Stanley (Reuters): Moody’s warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system. It was reviewing the long-term ratings and standalone credit [...] continue reading world news