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               Moody's Moves to Downgrade Barclays Rating Outlook

   by VOA News

   Moody's is moving toward downgrading the credit rating of Britain's
   Barclays bank, following a scandal that cost the chairman and two top
   executives their jobs.
   The credit rating service on Thursday changed the outlook of the bank's
   financial stability to "negative" from "stable."
   Moody's says it based its decision on the resignation of Chief
   Executive Bob Diamond and two other senior bank officials, and
   uncertainty about the new management team.
   Barclays was fined more than $400 million by British and U.S.
   regulators for making false claims on borrowing cost.
   Some information for this report was provided by AP and AFP.
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   ting-outlook/1363715.html

References

   1. http://www.voanews.com/content/moodys-moves-to-downgrade-barclays-rating-outlook/1363715.html