Bloomberg News

UBS Ratings May be Cut by Moody’s After Reporting Trading Loss

September 15, 2011

Sept. 15 (Bloomberg) -- UBS AG’s C/A3 standalone financial strength rating and Aa3 long-term debt and deposit ratings may be cut by Moody’s Investors Service after the bank reported about $2 billion in losses from unauthorized trades.

The short-term Prime-1 ratings were affirmed, Moody’s said.

Link to Statement:{NSN LRL2UT3PWT1E <GO>}

To contact the editor responsible for this story: Vivek Shankar at

China's Killer Profits
blog comments powered by Disqus