(Reporting By Lawrence White; editing by Marc Jones)
LONDON, March 16 (Reuters) - Europe's banking systems
remain in fundamentally good health despite the failure of
several lenders in the United States and ongoing problems at
Credit Suisse, ratings agency Moody's said on Thursday.
Having a lower proportion of their assets in bonds means
Europe's lenders are less exposed to fluctuating interest rates
than their U.S. counterparts, Nick Hill, a managing director at
Moody's, told investors and reporters.
Moody’s on Tuesday revised its outlook on the U.S. banking
system to “negative” from “stable”, citing heightened risks for
the sector after the collapse of SVB Financial Group and
Signature Bank fuelled fears of contagion.
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