Ratings agency Moody's has changed the outlook on Barclays' financial strength rating from stable to negative, saying the uncertainty over the bank's future direction is negative for bondholders.
Moody's said shareholder and political pressures placed on the bank since it was fined £290m for manipulating LIBOR last month may mean the bank shifts its business model away from investment banking....
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26 November 2021
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5 min read
