Thursday, November 19, 2009
Moody’s Cites Wealth Woes in UBS Downgrade
Credit-rating agency Moody’s Investors Services lowered a number of ratings on UBS due to weakness in the Swiss bank’s wealth-management and investment-banking business lines – and signaled that more downgrades might be coming... WSJ: Moody’s Cites Wealth Woes in UBS Downgrade