Moody's lowers credit ratings on credit Agricole
Moody's Investors Service lowered its credit ratings on Credit Agricole SA on Thursday, citing concerns over the French bank's exposure to market volatility and risk of large losses in the capital markets.
Moody's Investors Service said on Thursday it cut debt ratings for 15 international banks and securities firms as market volatility lowered long-term growth and profitability outlook for these banks.