Moody’s revises views on three consumer finance companies to negative

Moody’s Investors Service said it changed the outlooks to negative from stable for American Express Co., American Express Travel Related Services Co., American Express Credit Corp., Capital One Financial Corp., Capital One Bank (USA) NA, Capital One NA, Discover Financial Services and Discover Bank.

The change in outlook reflects the high unemployment rate and accompanying contraction of the U.S. economy, Moody’s said.

Moody’s affirmed all the companies’ long-term ratings.

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