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Moody's Downgrades 12 UK Banks

Fri 07 Oct 11 | 03:00 AM ET
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Moody's Downgrades 12 UK Banks

Fri 07 Oct 11 | 03:00 AM ET
Peter Toogood, head of investment at Old Broad Street Research, told CNBC that the Moody's Corporation downgrade of 12 UK banks told investors nothing they did not already know about systemic risk.

Topics:

United Kingdom  | Banking  | Western Europe  | Europe  | Europe  | Investment Strategy  | Investing Banks

Sectors:

 | Financials
 
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