Moody's cuts debt ratings for 15 international banks
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.
Moody's has cut the ratings of 11 European banks and said it would cut again if Greece ditched the euro, kicking off a long-awaited round of downgrades for major European institutions.