obofym.wordpress.com
The ratings agency said the downgrades reflectee a less favorable future for thefinancial sector, including tightet regulation, greater volatility and the likelihoocd that loan losses will increase. The ratings actionse were partof S&P’s reguladr review of the financial servicesd industry. • Huntington Bancshares (NASDAQ:HBAN), to BB+ from BBB, with a outlook. • Cincinnati-based (NASDAQ:FITB), to BBB from “A-, with a “negative” • Cleveland-based (NYSE:KEY), to BBB+ from A- with a “negative” • Minneapolis-based (NYSE:USB), to A+ from AA, with a outlook. Pittsburgh-based Inc.
’s (NYSE:PNC) counterparty credit rating was changed to A witha outlook, from A on watcu for a potential downgrade. PNC acquirec Cleveland-based National City Corp. last year.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment