HUFFINGTON POST
08/07/2011 01:58 pm ET | Updated Oct 07, 2011

Moody's reiterates France's rating at AAA

LONDON (Reuters) - Moody's reiterated on Wednesday that it rates France at triple-A with a stable outlook.

The comments came in response to a Reuters query after market rumors of a French sovereign credit rating downgrade, which hit French bank stocks.

Societe Generale fell more than 11 percent on the day, underperforming a 3.6 percent drop STOXX Europe 600 banking index.

(Reporting by Marius Zaharia)