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Moodys cuts to bank ratings have companies reviewing their bank relationships.
Japan and Switzerland negotiate with U.S. on procedures for sharing information on U.S. account holders.
Prime Minister Rajoy has lost credibility since his election seven months ago.
Stocks and bonds move higher after Moodys cuts its ratings on 15 global banks.
Credit Suisse rating lowered three notches, Morgan Stanley by two.
German chancellor opposes proposal to use bailout funds to buy indebted nations bonds.