Posts Tagged ‘junk credit’

List of 22 Banks Downgraded Today by S&P; Some to Junk

Thursday, June 18, 2009 15:25 No Comments

22 national and regional banks were downgraded today by the S&P’s credit rating service. Among some of the larger names were  Wells Fargo & Co. (WFC), U.S. Bancorp (USB), PNC Financial (PNC), BB&T Corp (BBT) and KeyCorp (KEY).
The ratings of several smaller regional banks were cut to “Junk” status by the S&P. [...]

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