France's major banks - SocGen, BNP Paribas, and Credit Agricole - are bracing for a likely...

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

France's major banks - SocGen, BNP Paribas, and Credit Agricole - are bracing for a likely credit rating downgrade from Moody's, according to sources. The move will be little surprise as French bank exposure to Greece is well documented, and it's possible the share prices have been marked down to reflect such.