ADCB ends Moody's contract - The National:
"Abu Dhabi Commercial Bank has terminated its contract with Moody's Investors Service only months after settling a lawsuit with the credit ratings agency.
The capital's second-biggest lender, which lost millions on bad bets before the financial crisis that were given investment grade ratings by Moody's and other ratings agencies, cut ties earlier this week.
"On 15 July 2013 Abu Dhabi Commercial Bank… terminated its agreement with Moody's Investors Service to provide ratings services to ADCB, ADCB Finance (Cayman) Limited, ADCB Islamic Finance (Cayman) Limited and any other subsidiaries of ADCB," the bank said in a statement."
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