Shares in South Africa's banks fall after Moody's downgrade

Shares in South Africa's largest banks fell on Wednesday, following downgrades from the ratings agency Moody's. Standard Bank, FNB, Nedbank and ABSA, which is owned by Barclays, were all downgraded on Tuesday and Moody's warned of more possible ratings cuts. via Pocket http://ift.tt/1kUlSdA