Moody's has downgraded the credit ratings of nine Portuguese banks, citing increased asset risk resulting from their holdings of Portuguese government debt, the impact of austerity measures and strains on their liquidity.
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Moody's downgrades nine Portuguese banks
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Moody's places Cyprus on review for downgrade
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US funds cut exposure to European banks
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Morgan Stanley downgrades Reliance Industries
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S&P takes rating actions on Italian financial institutions
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EUROPE shares turn negative as Wall Street falls
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Banks in phased retreat from European equity brokerage business
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Moody's 'to downgrade Spain's banks'
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Merrill Lynch downgrades Fluor Corp.
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Financialrussia central bank slashes key policy rate
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Northern Rock reduces rates
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Moody's downgraded nearly 300 US municipals
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Visa and MasterCard downgraded
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S&p lowered its long and short-term sovereign credit ratings on Slovenia
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Deutsche Bank downgrades oil and gas companies
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Finisar (FNSR) downgraded by credit Suisse
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Banks tightening lending standards