Moody’s Corporation (NYSE:MCO) released the names involved in its downgrade list which the company had previously announced this morning. The rating agency was supposed to release the names after the close today but was over one hour late. Moody’s downgrades a total of 15 banks: 4 by 1 notch, 10 by 2 notches, 1 by 3 notches. Below are some of the details: Bank of America Corp (NYSE:BAC) was cut to Baa2, and Moody’s attached negative outlook on the bank. Barclays plc cut from A3 from A1 with a positive outlook. Goldman Sachs Group, Inc. (NYSE:GS) was cut from A3 to A1 with a…
MS, GS, BAC, JPM, BAC, and C all cut by Moody’s
HFA Staff
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