Arab Today, arab today standard and poor\s downgrades major us banks
Last Updated : GMT 12:02:44
Arab Today, arab today
Arab Today, arab today

Standard and Poor\'s downgrades major US banks

Arab Today, arab today

Arab Today, arab today Standard and Poor\'s downgrades major US banks

Washington - AFP

Ratings agency Standard & Poor's on Tuesday said it had downgraded the ratings of major US banks, including Citigroup, Goldman Sachs, Wells Fargo, JPMorgan Chase, Morgan Stanley and Bank of America. The agency said the new ratings, also applied to 37 of the world's largest banks, was part of a process of "applying its new ratings criteria for banks."  

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