NEW YORK - Moody's Investors Service raised the long-term credit rating on Citicorp as well as the ratings on the banking company's long- term deposits and other senior obligations.

About $28 billion of securities were affected. The ratings had been placed on review for possible upgrade on June 21.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.