Moody's changes forecast for bofa, citi and Wells Fargo from stable to negative
As it became known, Moody's, that revised its outlook on a number of major banks Tuesday, changed its forecast over Bank of America, Citigroup and Wells Fargo from stable to negative.
Moody's Investors Service today said that its outlook on the Indian banking system for the next 12-18 months remained negative - as it has been since November 2011 - reflecting the continued challenging nature of its domestic operating environment.