Thursday, March 26, 2009

 

Moody's Cuts Ratings On Prudential Bank On Insurer Weakness

Moody's Investors Service cut its ratings on Prudential Bank & Trust, a unit of Prudential Financial Inc. (PRU), saying weakness in the company's life insurance operations could hurt the bank's financial fundamentals...

WSJ: Moody's Cuts Ratings On Prudential Bank On Insurer Weakness (subscription)

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