Items Tagged with 'Rodrigo Quintanilla'

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  • S&P Downgrades 18 Banks

    As the administration prepared to officially announce its proposed financial regulation overhaul, one credit rating agency had a critical eye trained on 22 US banks. Standard & Poor's on Wednesday lowered ratings on 18 banks and revised its outlooks on four others, illustrating expectations of fallout over increased regulatory oversight and lower profitability from volatile financial markets.
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