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  1. Comment - Insight & Opinion - LEADER

    Bank ratings are no mirror of reality

    Posted Jun 26th 2013, 12:00am by SCMP Editorial

    ... remains fresh in the memory. This week's downgrade of the outlook for the city's banking system from stable to negative by Moody's Investors Service is a reminder. Moody's ... The timing of Moody's report made it more topical. It coincided with a stock-market rout sparked by an official credit crunch aimed at reining in growing risks in the mainland's banking ...

    http://www.scmp.com/comment/insight-opinion/article/1268942/bank-ratings-are-no-mirror-reality

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