Investment banks could see Moody’s cut

Filed under: AM Roundup |

UBS AG, Credit Suisse Group AG (CSGN) and Morgan Stanley’s credit ratings may be cut by Moody’s Investors Service, according to Bloomberg.

Those three companies could be cut by three levels, while Goldman Sachs, Deutsche Bank, JP Morgan Chase and Citigroup could see their credit ratings drop by two levels.

Read more at Bloomberg.