In spite of Morgan Stanley's strong first-quarter performance, the threat of a credit rating downgrade still hangs over the bank.
Moody's announced that it may soon downgrade the long-term credit ratings of 17 of the largest banks in the world. "Capital markets firms are confronting evolving challenges, such as more fragile funding conditions, wider credit spr... Read Post
This might be partially why Wall Street is up in arms over Moody?s threat to downgrade all the banks. Morgan Stanley last night said it could face a whopping $7.2 billion in collateral to counterparties if it gets whacked by a credi... Read Post
Moody's has downgraded the credit ratings for notes issued by Goldman Sachs, JP Morgan, Morgan Stanley, and BNY Mellon, citing updated views of government support and issues within the banks themselves. The agency also lowered the s... Read Post