French banks’ exposure to Europe’s sovereign debt crisis has heightened concern about France’s own top-notch AAA credit rating, according to the International Monetary Fund.
Moody’s Investors Service said today in a separate statement that it may cut the credit ratings of BNP Paribas SA, France’s biggest bank, and local rivals Societe Generale SA and Credit Agricole SA because of their investments in Greece.
Moody’s Investors Service said today in a separate statement that it may cut the credit ratings of BNP Paribas SA, France’s biggest bank, and local rivals Societe Generale SA and Credit Agricole SA because of their investments in Greece.
