Bank stocks fall as Moody's signals ratings cut

Royal Bank of Scotland was 0.24% lower at 41p while Lloyds Banking Group fell 0.55% to 51p. The banks were named as institutions in line for a possible downgrade by Moody's over the next three months. Decision would not driven by weaker financial positions, it said in a statement, but by a changing regulatory environment. Bank of Ireland, Co-Operative Bank, Coventry Bulding Society, Nationwide Building Society, Newcastle Building Society, Norwich & Peterborough Building Society, Nottingham Building Society, Principality Building Society, Santander UK, Skipton Building Society, West...