Moody’s Expected to Downgrade U.K. Banks

“Some of the U.K.’s biggest banks may be downgraded by Moody’s Investors Service as part of a broad assessment of the global financial industry, Sky News reported, citing no one.

Moody’s may publish its assessment of banks including HSBC Holdings Plc, Barclays Plc (BARC), JPMorgan Chase & Co. and Royal Bank of Scotland Group Plc (RBS) after U.S. markets close later today, Sky reported on its website.”

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