Standard & Poor’s downgrades Credit Suisse from A- to BBB + – Romandie.com

Standard & amp, Poor’s downgrades Credit Suisse from A- to BBB +

Standard & amp; Poor’s yesterday lowered the rating of several European banks. The long-term ratings of the holding companies of Barclays PLC, Credit Suisse Group AG, HSBC Holdings PLC, HSBC USA Inc. and Lloyds Banking Group PLC have been reduced by one or two notches and short-term rating confirmed. The outlook is now stable, except for Lloyds, whose perspective is positive. Notes long and short term Royal Bank of Scotland and Standard Chartered have they been reduced by one or two notches, but the outlook is stable. Note Credit Suisse was lowered from A- to BBB +

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(ROMANDIE.COM / 04/02/2015 6:02) ^ ->

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