JPMorgan, Wells Fargo, Bank of America May Have Ratings Cut (Bloomberg)
March 5, 2009 by admin
Filed under Wells Fargo
March 5 (Bloomberg) — JPMorgan Chase & Co., Wells Fargo & Co. and Bank of America Corp. , the three largest U.S. banks by market value, may have credit ratings cut by Moody’s Investors Service on concern they’ll set aside more cash for loan losses.
