Moody's may downgrade some of Britain's biggest banks later today, reports have claimed. Irish Times
15 Major Investment Banks See Ratings Cut by Moody's -- CNBC
Moody’s Investors Service downgraded the debt ratings of 15 major international banks and securities firms on Thursday, a move that could cost the banks billions of dollars in extra collateral.
U.S banks that were downgraded included:
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MIDDLE EAST
Syrian pilot defects to Jordan with plane. Syrian rebels pushing back into Baba Amr in Homs, scene of heavy shelling.
Syria’s refugee population swells with fighting between army, rebels.
Assad may be offered clemency by Britain and US if he joins peace talks.
Syrian Christians feel vulnerable as country descends into civil war.
Turkey hits Kurdish rebels across Iraqi border.
Hamas 'agrees to Egyptian-brokered ceasefire with Israel'.
Iran blames world powers’ ‘enmity’ and ‘dishonesty’ for no progress in Moscow nuclear talks.
Bahrain police arrest five over 'terror attacks'.
ASIA
Pakistan's political crisis grows as PM nominee faces arrest. Arrest warrant for Pakistan PM nominee.
Pakistan to talk with militants on anti-polio ban.
Dozens rescued after boat sinks near Australian island.
China tests troubled waters with $1 billion rig for South China Sea.
Huge fire at India state government building in Mumbai.
AFRICA
Vote result delay frays Egyptian nerves. Egypt ex-general Shafik says sure of election win.
Frustration mounts in Nigeria after 3 days of deadly violence. Nigeria works to restore calm in north after 106 killed.
Somalia: Islamic radicals in retreat.
Sudan police disperse anti-austerity protests.
Somaliland future discussed in UK.
Uganda pro-gay groups face ban by ethics minister Lokodo.
South Africa couple freed from Somali pirates.
EUROPE
Greek bailout wish-list sets up showdown with Europe.
Debt crisis: Spanish borrowing costs soar despite fresh audit putting pressure on eurogroup. Spanish banks need up to 62bn euros.
Russia's Putin wants new economy, warns on protests.
Russia extends jail time for anti-Putin band Pussy Riot.
Prosecutors want mass killer Breivik ruled insane.
Explosives found at Sweden nuclear site in Ringhals.
Romanian ex-PM attempts suicide as jailers arrive.
Britain and Ecuador at standoff over Assange’s bid for asylum.
AMERICAS
Poll: Mexicans support Felipe Calderon’s military campaign against cartels.
El Salvador murders drop as gang truce passes 100 days.
Uruguay government announces plan to sell marijuana.
Argentina deploys security forces against truckers. Argentina fuel strike hits supplies, defies government.
US unemployment aid applications little changed.
Quebec language police crack down on retailers with English-only signs.
TERRORISM/THE LONG WAR
Indonesia court convicts last Bali nightclub bomber.
In first, U.S. adds Boko Haram members to "terrorist" list.
Officials: Al-Qaida leader detained in Pakistan.
ECONOMY/FINANCE/BUSINESS
Morgan Stanley takes two-notch hit.
Federal Reserve cuts forecast for US economic growth.
Microsoft Surface tablets may not match iPad battery life.
Behind China's rare earth controversy.
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