Spanish banks are taking a hit this morning after Moody's decision to put Spain's credit rating...

|By:, SA News Editor

Spanish banks are taking a hit this morning after Moody's decision to put Spain's credit rating on review for possible downgrade: Santander (STD) -2.7%, BBVA (BBVA) -3.2%. Moody's says Spain's banks may need as much as another €90B ($120B) in capital.