S&P Downgrades British Banks And 6 Biggest US Banks, Rates China Banks Higher Than US Rivals

- S&P downgrades British and US banks (Telegraph, Nov, 30, 2011): Royal Bank of Scotland, Barclays and HSBC were among a slew of global banks that had their credit ratings cut by ratings agency Standard & Poor’s late last night. - S&P downgrades 6 biggest US banks (CBS News, Nov, 30, 2011): (MoneyWatch) –Standard & [...] continue reading world news