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On 24 May 2012, Moody’s announced rating actions on a number of Norwegian and Swedish financial institutions and affected credits across several asset classes. Because of the large number of rating changes resulting from these actions, ratings appearing on this website may not yet reflect current information. For current information on banking credits, please visit the Bank Ratings 2012 Topic Page. For current information on European credits, please visit the EU Sovereign Crisis and Affected Credits Topic Page.

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Date	Document Type	Title	Issuer/Entity
21 May 2012	Sector Insights	Fear of Contagion Hits Sovereign Debt Valuations (Capital Markets Research)
18 May 2012	Rating Action	Moody's downgrades the supported debt ratings of Santander's North American bank subsidiaries; outlooks negative	Banco Santander... P.R. Ind Tour E... Santander Banco... Santander Holdi... Sovereign Bank,... Sovereign Capit... Sovereign Capit... Sovereign Capit... Sovereign Real ...
18 May 2012	Announcement	Moody's continúa su revisión a la baja de BBVA Bancomer y Santander México	Banco Santander... BBVA Bancomer, ... BBVA Bancomer, ... BBVA Bancomer, ... Casa de Bolsa B... Casa de Bolsa S... Grupo Financier... Grupo Financier... Hipotecaria Nac...
18 May 2012	Announcement	Moody's continues to review BBVA Bancomer and Santander México for downgrade	Banco Santander... BBVA Bancomer, ... BBVA Bancomer, ... BBVA Bancomer, ... Casa de Bolsa B... Casa de Bolsa S... Grupo Financier... Grupo Financier... Hipotecaria Nac...
18 May 2012	Announcement	Moody's continua revisando os ratings do Banco Santander (Brasil) para possível rebaixamento	Banco Santander... Banco Santander...
18 May 2012	Announcement	Moody's continues to review Banco Santander (Brasil)'s ratings for downgrade	Banco Santander... Banco Santander...
17 May 2012	Special Comment	Key Drivers of Spanish Bank Rating Actions	Abbey National ... Abbey National ... Abbey National ... Abbey National ... Abbey National ... Abbey National ... Abbey National ... Alliance & Leic... Alliance & Leic... AN Structured I... ...
17 May 2012	Rating Action	Moody's downgrades Spanish banks; ratings carry negative outlooks or remain on review for downgrade	Abbey National ... Abbey National ... Abbey National ... Abbey National ... Abbey National ... Abbey National ... Abbey National ... Alliance & Leic... Alliance & Leic... AN Structured I... ...
14 May 2012	Sector Insights	Credit Markets in Turmoil Following Greek Election (Capital Markets Research)
07 May 2012	Announcement	Moody's extends Santander's current ratings review to its short-term ratings	Banco Santander... Banco Santander... Santander Centr... Santander Comme... Santander Int'l...

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