国际英语新闻:Moody's Downgrades 12 British Banks
Moody's Investors Service has downgraded the credit ratings of 12 British banks over concerns that the government will not provide adequate support to the institutions if they become financially troubled.
The credit rating firm said Friday that the downgrades were caused by a "reassessment of the support environment in the U.K." It said recent government moves have "significantly reduced the predictability of support" for the financial firms over the "medium to long-term."
The affected firms include the government-controlled Royal Bank of Scotland, which had its rating slashed by two levels. The debt rating of Lloyd's TBS Bank was reduced by one level.
Moody's says the British government is likely "to allow smaller institutions to fail." But said it does not believe there has been a deterioration in the financial strength of the banking system or the British government, saying the government is likely to continue to provide "some level of support to systemetically important financial institutions."
相关文章
- 欧美文化:British PM announces end of COVID-19 restrictions despite criticism
- 欧美文化:World Bank downgrades 2022 global growth forecast to 4.1 pct
- 欧美文化:S.Korea picks 11 banks as liquidity provider in won-yuan direct trading market
- 欧美文化:British defense secretary pledges continued support for Ukraine
- 国际英语新闻:Japan's decision to dump nuclear wastewater "extremely irresponsible": experts
- 国际英语新闻:U.S. Treasury announces new hub to coordinate climate-related policies
- 国际英语新闻:Russian fighter intercepts U.S., Norwegian military planes over Barents Sea
- 国际英语新闻:All Indian adults to be eligible for COVID-19 vaccination from May 1
- 国际英语新闻:UN chief calls for specific commitments, real action to fight climate change
- 国际英语新闻:Moscow sees U.S. influence behind Czech expulsion of Russian diplomats