Stocks and bonds move higher after Moodys cuts its ratings on 15 global banks.

Credit Suisse rating lowered three notches, Morgan Stanley by two.

Credit Suisse rating lowered three notches, Morgan Stanley by two.

Other big U.S. banks say their corporate investment offices avoid derivatives.

Other big U.S. banks say their corporate investment offices avoid derivatives.

Loss tied to synthetic credit securities positions taken by chief investment office.

Loss tied to synthetic credit securities positions taken by chief investment office.

Proxy firm endorses compensation packages at JPMorgan, Morgan Stanley.