Morgan Stanley’s long-term issuer rating jumped two steps, and grades for Bank of America and two other investment banks’ holding companies rose one, as Moody’s Investors Service reviewed regulatory changes that make it easier for lenders to weather emergencies by imposing losses on junior creditors.
Morgan Stanley’s long-term issuer rating jumped two steps, and grades for Bank of America and two other investment banks’ holding companies rose one, as Moody’s Investors Service reviewed regulatory changes that make it easier for lenders to weather emergencies by imposing losses on junior creditors. Justin Sullivan Getty Images
Morgan Stanley’s long-term issuer rating jumped two steps, and grades for Bank of America and two other investment banks’ holding companies rose one, as Moody’s Investors Service reviewed regulatory changes that make it easier for lenders to weather emergencies by imposing losses on junior creditors. Justin Sullivan Getty Images

Moody’s upgrades Bank of America, other big banks

May 29, 2015 10:09 AM