Standard & Poor's downgrades Barclays Bank, Credit Suisse and Deutsche Bank, affirms UBS

  • by: The Associated Press
  • Updated: July 2, 2013 - 6:50 PM

Standard & Poor's Ratings Services lowered the long-term counterparty credit ratings of Barclays Bank PLC, Credit Suisse AG and Deutsche Bank AG to "A'' from "A-plus" on Tuesday.

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