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Moody’s Reassessing Subordinated Debt Ratings
Moody’s Investors Service says it is reassessing government support in banks’ debt ratings, which could lead to a downgrade of bank subordinated debt in several countries.
Moody’s Investors Service says it is reassessing government support in banks’ debt ratings, which could lead to a downgrade of bank subordinated debt in several countries. Moody’s says the reassessment of some 177 banking entities in 46 countries is driven by current moves to reform bank regulations, which could give regulators greater resolution authority in dealing with distressed banks.