Finance

(MCO) Rating Outlook Falls for Big Banks
Posted on August 02, 2010 at 11:00 AM EDT
The rating outlooks for big banks have been lowered by Moody’s Investor Service, a part of Moody’s Corporation (MCO). The rating agency has tempered its outlook for Bank of America Corporation (BAC) (or BofA) , Citigroup Inc. (C) and Wells Fargo & Company (WFC) to “negative” from “stable”. The downgrade comes as a result of a [...] (MCO) Rating Outlook Falls for Big Banks
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