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Fitch downgrades issuer default ratings

Thursday, December 15, 2011 5:52 PM

NEW YORK, Dec. 15 (UPI) -- Fitch Ratings Thursday downgraded issuer default ratings and viability ratings at six banks in Europe and the United States.

Fitch downgraded the long-term issuer default ratings and viability ratings of Bank of America, Barclays PLC, BNP Paribas, Credit Suisse AG, Deutsche Bank AG and Goldman Sachs Group, MarketWatch.com reported.

The global ratings agency also downgraded the viability ratings at Morgan Stanley and Societe Generale SA.

(Source: UPI )
(Source: Quotemedia)

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