Tensions are still rising at Unicredit. After i disappointing budget results, bad news is also coming on the rating front: the American agency Moody's has placed the Italian bank under observation for a possible downgrade.
In particular, UniCredit's individual "C-" rating could be downgraded, as well as the long-term "A2" rating, the short-term "Prime-1" rating, the senior debt rating and the junior debt rating of UniCredit.
The agency has also placed some companies belonging to the group under observation for a possible downgrade. This is what we read in a note from the institute in Piazza Cordusio.
