Outlook Report
2012 Outlook: Major Italian Banks; Feeling the Pressure
Thu 20 Oct, 2011 - 12:00 AM ET
Rating Outlook Negative Outlook Following Downgrades: ֳ downgraded the Long-Term IDRs of three of the five major Italian banks on 11 October 2011 following the downgrade of the sovereign rating of Italy to ‘A+’/Negative from ‘AA−’/Stable. At the same time, ֳ placed one bank on Rating Watch Negative (RWN). ...