Tue, 05th Aug 2014 10:04
LONDON, Aug 5 (Reuters) - Moody's Investors Service hasrevised down its outlook on British banks, citing newregulations designed to prevent taxpayers having to stump upfunds to rescue failing banks.
Moody's said on Tuesday it had downgraded its view of thesector to 'negative' from 'stable'. It also raised concerns overBritish banks' continued exposure to litigation and misconductcharges.
(Reporting by Matt Scuffham; Editing by Steve Slater)
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