Moody's lowers Wells Fargo (snr to A1 from Aa3) - Rating Action - 2009/03/25 - Moody's Global Credit Research

Report title: Moody's lowers Wells Fargo (snr to A1 from Aa3)

from Moody's Global Credit Research
3024 word report published Mar 25, 2009

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Global Credit Research Rating Action 25 MAR 2009 Rating Action: Wells Fargo Capital XV Moody's lowers Wells Fargo (snr to A1 from Aa3) Preferred stock rating downgraded to B2 from A2 New York, March 25, 2009 -- Moody's Investors Service...

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Central Fidelity Capital Trust I; Congress Financial Capital Company; CoreStates Capital I; ...

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Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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