Saturday, February 12, 2011

Moody's cuts ratings on 6 Irish banks

LONDON
Ratings agency Moody's has cut the bond grade of six Irish banks, citing concern that a new government to be elected this month might not offer the same support the banks have so far received.
Moody's cut the ratings for unguaranteed senior unsecured debt for Bank of Ireland, Allied Irish Banks, EBS

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