Commerzbank (CRZBY.PK), Germany’s second-largest bank, has its credit rating cut one level...


Commerzbank (CRZBY.PK), Germany’s second-largest bank, has its credit rating cut one level by Moody's. The move is a "bit harsh," say some analysts, but eurozone uncertainty does pose a potential risk to German firms. Five other German banks were also downgraded and Deutsche Bank (DB), Germany's largest lender, is still under review.
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  • TradingAims
    , contributor
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    Downgrades haven't really affected the SP of these banks, heading up by and large
    6 Jun 2012, 10:03 AM Reply Like
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