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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

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