Scotia downgraded, RBC’s outlook revised as rating agencies see risks
Two of Canada’s biggest banks have attracted the attention of credit rating agencies. Bank of Nova Scotia was downgraded one notch by Moody’s, while Fitch revised its outlook on RBC to negative due to potential earnings volatility.
David Berman, The Globe and Mail, with files from BNN
Posted on 1-26-2016 at 7:27 AM