Friday October 10, 5:18 pm ET Moody's keeps Citigroup under review, S&P maintains creditwatch despite lost Wachovia bid NEW YORK (AP) -- Two ratings agencies did not consider the failure of Citigroup Inc. to buy Wachovia Corp.'s banking operations as enough reason to dispel their concerns about the bank's fiscal health. Moody's Investors Services on Friday said it would continue its review for possible downgrade of the New York-based bank's ratings, while Standard & Poor's kept Citi on creditwatch negative, despite ending its bid for Wachovia on Thursday. Moody's said that while the planned Wachovia purchase was "a factor in prompting Moody's to put Citigroup's ratings on review for possible downgrade," the issues in focus remain unchanged. Moody's said it will look at Citigroup's asset quality and potential credit costs as a...
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