Business Services Industry

BERMUDA: MOODY'S WITHDRAWS THE RATINGS OF BANK OF BERMUDA.(Brief Article)

IPR Strategic Business Information Database, October, 2004

Moody's Investors Service today withdrew the ratings on Bank of Bermuda. Bank of Bermuda had total assets of US$ 12.8 billion as of December 31, 2003. The company was aquired by HSBC Holdings plc in February 2004, and has no rated debt outstanding. The ratings of Bank of Bermuda were withdrawn for business reasons. Please refer to Moody's Withdrawal Policy on moodys.com.

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