Moody's downgrades long-term ratings to Aa2 on Greek exposures: Credit Agricole SA-SocGen-BNPP Still on Review

Ratings agency Moody's Investor Services said Wednesday that it has downgraded the long-term debt ratings of French banks Credit Agricole SA and Societe Generale SA. Credit Agricole's bank financial strength rating was also cut to C from C+, with Moody's saying that the new rating is "more consistent with the bank's sizeable exposures to the Greek economy." Credit Agricole's long-term debt and deposit rating was downgraded one notch to Aa2 from Aa1, while Societe Generale's long-term debt and deposit rating was cut by one notch to Aa3 from Aa2, Moody's said.

http://www.marketwatch.com/story/moodys-cuts-credit-agricole-socgen-ratings-2011-09-14

Moody's Cuts SocGen and CreditAgricole, BNPP Still on Review
The ratings agency said it was extending its review of BNP Paribas (BNPP), but any downgrade was unlikely to be by more than one notch.
Moody's had put the banks under review for possible downgrade on June 15, citing their exposure to Greece's debt crisis.