Moody's downgraded 15 of the world's top banks, cutting credit ratings by one to three notches to reflect the risk of losses they face from volatile capital markets activities. Credit Suisse suffered a three-notch downgrade.
Banks fell 1.1 percent, while miners were down 1.4 percent. Credit Suisse dropped 1.9 percent. (Reporting by Atul Prakash; editing by Simon Jessop)