Weekly Report - 28 June 2012 (WR-12-25)

The ratings agency Moody’s Investors Service has downgraded eight Brazilian banks and the country’s stock exchange operator as part of its global financial sector review, just days after the Bank for International Settlements (BIS) warned that Brazil and India, in particular, would not be able to avoid contagion from the Eurozone crisis.

End of preview - This article contains approximately 1218 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial