UBS among 16 banks downgraded by S&Ps

, Comments 0 comments Stock markets down on gloomy news ZURICH, SWITZERLAND - Standard & Poor’s applied new credit rating standards to 37 of the world’s largest banks 30 November, which resulted in the downgrading of a number of major banks, for different areas of their businesses. Seven of eight US banks on the list were downgraded. China Construction [...]

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