05.09.2013 02:49:00
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DBS Bank Ltd. -- Moody's downgrades three banks' subdebt ratings in Singapore on higher bail-in risk
Singapore, September 05, 2013 -- Moody's Investors Service announced today that it has downgraded the subordinated debt (subdebt) ratings of three Singapore banks to Aa3 from Aa2. The banks' senior obligation ratings and their stand-alone baseline credit assessments were not affected.