22 jun: Glitter og glamour i overhalingsbanen - Monaco grandprix 2012 set..
26 jun: Den hurtigste Bentley til dato - Continental GT Speed
25-06-2012 18:39:00

Moody's May Downgrade Spain Banks as Early as Monday - Sources

Relateret indhold

By Christopher Bjork

MADRID--Ratings agency Moody's Investors Service has notified a raft of Spanish banks that it will downgrade their debt ratings as early as Monday, people familiar with the matter said Monday.

The fresh downgrades, expected after the close of US stock markets (2100 GMT), follow Moody's move of lowering Spain's sovereign debt rating by three notches on June 13. Most of the banks are expected to be downgraded by two or three notches, these people said.

Moody's, one of the three biggest ratings firms along with Fitch Ratings and Standard & Poor's, cut its rating on Spain to Baa3 from A3, putting it one level above junk status. Moody's also said it will keep Spain on review for a possible further downgrade. Moody's rates Spain the lowest among the three big ratings firms.

The two largest and healthiest Spanish banks, Banco Santander SA (SAN) and Banco Bilbao Vizcaya Argentaria SA (BBVA) have held ratings that are one notch above Spain's sovereign debt rating, thanks to their vast and highly profitable businesses outside Spain. Many of the smaller, domestically focused banks already have junk status at Moody's and at rival agencies.

Fitch cut its rating on Spain earlier in June to triple-B from single-A, which is one notch higher than where Moody's rates Spain on its respective scale. S&P downgraded Spain to triple-B-plus from single-A on April 26. That is one notch above Fitch's rating and two above the rating by Moody's.

Moody's had already cut 16 Spanish banks by one to three notches on May 17.

Write to Christopher Bjork at christopher.bjork@dowjones.com

(END) Dow Jones Newswires

June 25, 2012 12:39 ET (16:39 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Mærsk: Spotrater på Asien-Europa fortsætter faldet

20-10-2017 16:04:59
Spotpriserne for containerfragt på de vigtige ruter mellem Asien og Europa faldt i denne uge med 0,7 pct. til 681 dollar per tyvefodscontainer (teu).Det skriver branchemediet Journal of Commerce, der henviser til data fra Shanghai Shipping Exchange.Spotprisen på verdens travleste handelsrute fortsætter derfor de negative tendenser, der også gjorde sig gældende i sidste uge, hvor spotpriserne faldt..

Novo: Fiasp godkendt i USA

29-09-2017 16:20:48
De amerikanske sundhedsmyndigheder, FDA, har godkendt Fiasp (hurtigtvirkende insulin aspart), en ny hurtigtvirkende måltidsinsulin, til behandling af voksne med diabetes.Det oplyser Novo Nordisk.FDA's beslutning kommer, efter at kliniske studier har dokumenteret, at Fiasp giver fordele for mennesker, der har behov for en forbedret generel blodsukkerregulering.- Vi er meget glade for, at Fiasp nu o..

Atlantic Petroleum: Direktør fratræder 1. december

29-09-2017 14:02:37
Topchefen for Atlantic Petroleum, der er noteret i Norge og København, direktør Ben Arabo, har opsagt sit job for at tiltræde et andet job på Færøerne.Det oplyser selskabet.Han vil dog blive hos Atlantic Petroleum til 1. december./ritzau/FINANSClaus Mikkelsen +45 33 30 03 35 Ritzau Finans, E-mail: finans@ritzau.dk , www.ritzaufinans.dk

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Relaterede aktiekurser

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2017  Disclaimer Privatlivspolitik
Aktieinformation leveres af Morningstar.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
22. oktober 2017 20:53:47
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20171020.1 - EUROWEB5 - 2017-10-22 20:53:47 - 2017-10-22 20:53:47 - 1 - Website: OKAY