Fitch downgrades top banks

2011-12-16 4

The rating agency Fitch has downgraded a total of seven major banks on both sides of the Atlantic. In Europe the effected lenders are BNP Paribas, Deutsche Bank, Barclays and Credit Suisse. Fitch said the downgrades were because of "increased challenges" in the financial markets. ... http://www.euronews.net/