Moody's cuts Barclays outlook to ‘negative' amid Libor scandal

``The interest rate rigging scandal continued to damage Barclays Thursday, with ratings agency Moody's downgrading the banks ratings outlook from ‘stable' to ‘negative'. Moody's also highlighted concerns about, "senior resignations at the bank"... The decision reflects "concerns that the senior resignations at the bank and the consequent uncertainty surrounding the firm's direction are negative for bondholders."''