Credit Suisse Group was downgraded to BBB from BBB+ earlier th | Bondsupermart

Credit Suisse Group was downgraded to BBB from BBB+ earlier this week. On the flip side, its US rival Morgan Stanley got upgraded from BBB+ to A- just two days ago. Here’s a table of how are some of the bulge bracket investment banks are rated for comparison.

The bank’s perpetual SGD issue was one of the top traded bonds on our Bond Express in March: https://bit.ly/3DIi9uO