Moody's downgrades the long-term ratings of French banks BNP Paribas (BNPQY.PK), Credit Agricole...

|About: BNP Paribas ADR (BNPQY)|By:, SA News Editor

Moody's downgrades the long-term ratings of French banks BNP Paribas (BNPQY.PK), Credit Agricole (CRARY.PK) and SocGen (SCGLY.PK), noting the impact of funding constraints and deteriorating macro fundamentals. (see also)