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10 months ago
BRIEF-Moody's says European Global Investment Banks de-risking will slow with heightened market uncertainty
October 11, 2016 / 6:41 AM / 10 months ago

BRIEF-Moody's says European Global Investment Banks de-risking will slow with heightened market uncertainty

1 Min Read

Oct 11 (Reuters) - Moody's:

* Moody's - European global investment banks' de-risking will slow with heightened market uncertainty

* Moody's - pace of legacy asset portfolio reductions will likely slow at the five european global investment banks over next 12-18 months

* Moody's - expect higher economic uncertainty in UK, still slow economic growth in rest of europe to continue to reduce investors' appetite for high-yielding assets

* Moody's - believe that asset disposals at the five European GIBS are likely to occur more slowly than was the case over the last few years Source text - bit.ly/2d91oLp Further company coverage:

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