RBC included in Moody’s watch list

Canada’s largest bank, Royal Bank of Canada is placed under review alongside other large banks by Moody’s.  The full report “Challenges for Firms with Global Capital Markets Operations” is a paid for report so I can only speculate that inclusion of RBC is related to its size and degree of inter-bank transactions, holdings and debts.

Moody’s Reviews Ratings for Banks and Securities Firms with Global Capital Markets Operations

LONG-TERM RATINGS AND STANDALONE CREDIT ASSESSMENTS– PLACED UNDER REVIEW

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase

Morgan Stanley

Royal Bank of Canada