Please use symbol entry at top right of page to search

Moody's sees limited risks from banking crisis on US credit profile

March 29 (Reuters) - Ratings agency Moody's said on Wednesday it expects risks to the sovereign credit profile of the United States to be limited from the recent turmoil in the country's banking sector unless those strains deepen.

"The rapid deterioration in the operating environment for US (Aaa stable) regional banks over the past two weeks has indicated higher banking sector risk than we had previously factored in the sovereign's credit profile," Moody's said. (Reporting by Nandhini Srinivasan in Bengaluru; Editing by Sriraj Kalluvila)

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.