3 Jul 2013
S&P downgrades Credit Suisse, Deutsche Bank and Barclays
FXstreet.com (Barcelona) - The rating agency Stand and Porrts issued some downgrade decisions at the close of the NY session, with Credit Suisse, Deutsche Bank and Barclays the big banks affected.
Credit Suisse AG is now classified as A from A+, Barclays Bank PLC rating was cut down to to A too from A+, while Deutsche Bank AG was no exception, being downgraded to A from A+. S&P affirmed the ‘A’ rating of UBS. The outlook was ‘stable’ for all 4 banks.
Credit Suisse AG is now classified as A from A+, Barclays Bank PLC rating was cut down to to A too from A+, while Deutsche Bank AG was no exception, being downgraded to A from A+. S&P affirmed the ‘A’ rating of UBS. The outlook was ‘stable’ for all 4 banks.