RSS Feed
June 22nd, 2012 
FAKE NEWS for the Zionist agenda Moody’s struck its assessments of 15 major world banks including RBS, HSBC and Barclays of Britain and Golman Sachs, Citigroup and JPMorgan in the United States on Friday.
Fears are rising that the banks’ growth and profit prospects are declining since the agency announced the downward move in February.
Other major world banks downgraded included, Bank of America, Societe Generale, Credit Agricole and Deutsche Bank.
The downgrades range in calculations of scope from one notch to two notches depending on the particular institution.
A two-notch downgrade has been given to Barclays as RBS and HSBC were given a one notch downgrade.
Santander UK, the Spanish-owned lender, had its credit rating cut last month that triggered suspicions about the safety of customer’s savings, a claim the bank dismissed. Though, it did not stop customers of Santander pulling their funds out as they lost their trust.
The latest confirmed downgrades will raise many concerns for banks in the UK, as they will be in line with the fragile Santander during the constant pressures and effects of the global financial crisis.
BGH/ISH/HE
Posted in 
Tags: 
