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Thursday, October 6, 2011

Moody's cuts credit ratings of 12 British banks

Moody's cuts credit ratings of 12 British banks Moody's on Friday downgraded its credit ratings for a dozen British banks, including state-owned Royal Bank of Scotland and Lloyds TSB, due to the removal and curtailment of government financial support. Moody's on Friday said it had downgraded its ... Moody's cuts credit ratings of 12 British banks

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