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Showing posts with label Libor rate. Show all posts
Showing posts with label Libor rate. Show all posts

July 06, 2012

Barclays credit rating outlook cut by Moody's and S&P

Rating agencies Moody's and Standard and Poor's have lowered their outlook on Barclays from stable to negative amid the bank rate-rigging scandal. Moody's said shareholder and political pressure was creating uncertainty about the bank's future.