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Patrick Winsbury

Moody's cuts Aussie bank ratings

Moody's cuts ratings for NAB, CBA, Westpac, ANZ to Aa2 from Aa1 due to exposure to wholesale markets; NZ units still on review for downgrade

18th May 11, 6:03pm

by Bernard Hickey

Moody's cuts ratings for NAB, CBA, Westpac, ANZ to Aa2 from Aa1 due to exposure to wholesale markets; NZ units still on review for downgrade

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