The Local Switzerland

Moody’s: Swiss migrant vote ‘credit negative’

Tue, 18 Feb 2014 22:08:00 +0100

Curbs on immigration from the European Union will hurt Switzerland’s economy and its banking sector, ratings agency Moody’s said in a statement issued on Tuesday.

Moody's downgrades Credit Suisse and UBS

Fri, 22 Jun 2012 13:51:48 +0200

Moody’s credit rating agency on Thursday downgraded Swiss banks UBS and Credit Suisse as part of a major global review.

UBS may face downgrade over rogue trading

Fri, 16 Sep 2011 11:15:00 +0200

Rating firm Moody's said on Thursday it was considering lowering the credit rating on Swiss banking giant UBS after a rogue trader wracked up $2 billion in losses.