Morgan Stanley To Lose Billion If DowngradedVW Staff
Moody's has been threatening for some time now to downgrade banks in the US on their credit ratings. Today Morgan Stanley (NYSE:MS) revealed that if its credit rating was downgraded it would face huge costs. The company stated that a decisive move by the ratings agency would obligate the financial institution to $7.2 billion i collateral to counterparties. That figure is based on a downgrade of 3 places on the . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible