Moody’s Ups Outlook On German Banking System


News: Moody's Investors Service has increased its outlook on Germany ' s banking sector on the back of higher capital buffers and lower losses, Bloomberg reports. The ratings agency said that it had upgraded Germany ' s banking system from to stable from negative for the first time since the 2008 financial crisis. The agency added that it saw the sector as more able to withstand an ' adverse market environment ' .

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Geography: Germany, Germany, Germany, Germany

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