Moody's Investors Service has announced: (i) A downgrade of the Bank Financial Strength Rating (BFSR) of Credit Agricole SA (CASA) by one notch to C from C+, and (ii) A downgrade of the long-term debt and deposit ratings by one notch to Aa2 from Aa1. Moody's believes these ratings are more consistent with the bank's sizeable exposures to the Greek economy. At the same time, Moody's announced that CASA's C BFSR and Aa2 long-term debt and deposit ratings remain on review for possible downgrade to consider the implications of the potentially persistent fragility in the bank financing markets, given the continued ... (full story)