17.11.2015 01:15:00

UBS AG -- Moody's: Litigation charges put global investment banks' shock absorbers to the test

London, 17 November 2015 -- Ongoing probes and litigation regarding the legacy conduct and market practices of 15 rated global investment banks (GIBs) -- which have been proceeding rapidly both in the US and abroad - pose a significant risk to these banks' earnings stability, capital and leverage positions and franchises, says Moody's Investors Service in a report published today.

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