Moody’s Said to Delay Bank Downgrades Amid Crisis, JPMorgan Loss

Moody’s Said to Delay Bank Downgrades Amid Crisis, JPMorgan Loss

Scott Eells/Bloomberg

Moody’s said in January it would overhaul how it rates European banks and firms with global securities operations to reflect the adverse effects of the sovereign-debt crisis, dwindling economic growth and the latest round of capital rules set by the Basel Committee on Banking Supervision.