Tag Archive for Downgrades

Moody’s downgrades Commerzbank, other German banks – Full story

Moody’s downgrades Commerzbank, other German banks (via AFP) Credit rating agency Moody’s on Wednesday lowered its ratings for six German banks pointing to “the increased risk of further shocks emanating from the euro area debt crisis.” Moody’s said in a statement it was downgrading by one notch the long-term credit ratings of Commerzbank, DekaBank, DZ…