Moody’s Cuts 6 Canadian Banks on ‘Challenging Oper. Environment’
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
BNS CN (Bank of Nova Scotia/The)
BMLP US (BMO Elkhorn DWA MLP Select Index ETN)
BMO CN (Bank of Montreal)
BK US (Bank of New York Mellon Corp/The)
NA CN (National Bank of Canada)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283
(Bloomberg) -- Downgrade reflects ongoing concerns that expanding levels of private-sector debt could weaken asset quality in future, Moody’s says in statement.
- Changes:
- Toronto-Dominion Bank to Aa2; outlook negative
- Bank of Montreal to A1; outlook negative
- Bank of Nova Scotia to A1; outlook negative
- Canadian Imperial Bank to A1; outlook negative
- National Bank of Canada to A1; outlook negative
- Royal Bank of Canada to A1; outlook negative
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
BNS CN (Bank of Nova Scotia/The)
BMLP US (BMO Elkhorn DWA MLP Select Index ETN)
BMO CN (Bank of Montreal)
BK US (Bank of New York Mellon Corp/The)
NA CN (National Bank of Canada)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283