Portugal banking outlook cut to 'stable', economy to slow - Moody's

LISBON (Reuters) - Ratings agency Moody's cut the Portuguese banking outlook to stable from positive on Monday, warning the domestic economy will continue to weaken as euro zone growth slows, capping current low levels of profitability.After a severe debt and economic crisis, Portuguese banks returned to profitability last year with reported net income of 1.1 billion euros ($1.21 billion), compared with a net loss of 88 million euros in 2017, Moody's said. However, Moody's said banks'..