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Moody's penalizes Vontobel

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Rating agency Moody's has downgraded the credit ratings for Vontobel Holding and the bank, citing the bank's limited success in reviving its asset management business. Moody's has downgraded the long-term issuer ratings and senior unsecured debt ratings of Bank Vontobel , as well as the long-term issuer ratings of its…

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