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Standard
& Poor's on Wednesday put a number of large European banks on
review for a possible downgrade after earlier this week putting the
credit ratings of eurozone states on notice.
Among those listed
for possible downgrade were French banks BNP Paribas and Societe
Generale, Deutsche Bank and Commerzbank of Germany, and Italy's
UniCredit.
S&P said further banks would be put on notice for possible downgrade.
As
bank ratings are linked to ratings of their home countries, the move
was expected after S&P on Monday put 15 eurozone members on review
for downgrades over the debt crisis.
Enlarge PhotoStandard & Poor's on Wednesday put a number of large European banks on review for …
Standard
& Poor's on Wednesday put a number of large European banks on
review for a possible downgrade after earlier this week putting the
credit ratings of eurozone states on notice.
Among those listed
for possible downgrade were French banks BNP Paribas and Societe
Generale, Deutsche Bank and Commerzbank of Germany, and Italy's
UniCredit.
S&P said further banks would be put on notice for possible downgrade.
As
bank ratings are linked to ratings of their home countries, the move
was expected after S&P on Monday put 15 eurozone members on review
for downgrades over the debt crisis.