You are here

S&P may cut credit grades of biggest US banks

Eight top banks including JP Morgan Chase & Co, Bank of America Corp and Citigroup Inc face downgrades as they may not be bailed out by the US govt in a crisis

Seattle

JPMORGAN Chase & Co, Bank of America Corp and Citigroup Inc are among eight large US banks that may have credit grades cut by Standard & Poor's on the prospect that the US government is less likely to provide aid in a crisis.

The companies - along with Wells Fargo

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom