New York, November 14, 2013 -- Moody's Investors Service downgraded the long-term ratings of Northern Trust Corporation and its subsidiaries. Northern Trust's senior debt rating was lowered to A2 from A1 and the standalone bank financial strength rating (BFSR)/baseline credit assessment (BCA) of its lead operating bank, Northern Trust Company, was lowered to B-/a1 from B/aa3. The bank's long-term deposit rating was lowered to A1 from Aa3. The Prime-1 rating of Northern Trust and its subsidiaries was not on review and was affirmed. The outlook on Northern Trust and its subsidiaries is now stable.

Vollständigen Artikel bei Moodys lesen