Moody's downgrades the ratings of 30 Spanish banks, citing a weakening environment for future...

|By:, SA News Editor

Moody's downgrades the ratings of 30 Spanish banks, citing a weakening environment for future support for lenders across Europe. Expecting this burden to fall mostly on the smaller institutions, Moody's leaves the ratings for Spain's largest 3 banks untouched. Premarket; STD +1.0%. BBVA +0.5%.