(AFX UK Focus) 2009-11-18 17:50 Moody's raises Wells Fargo & Co's bank rating
NEW YORK, Nov 18 (Reuters) - Moody's Investors Service on Wednesday upgraded its bank financial strength rating on Wells Fargo & Co by one notch, citing an improved capital position after the bank's earnings beat expectations. Moody's raised the bank financial strength rating to C from C-minus. It also upgraded Wells Fargo's non-cumulative preferred stock rating by two notches to Ba1, the ...
2009-11-18 -
Interactive Investor