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S&P downgrades Big Four one notch

This is a discussion on S&P downgrades Big Four one notch within the Latest News forums, part of the Local Happenings category; Standard & Poor's last night cut the long-term credit ratings of Australia's four major banks by one notch to AA- from AA. The downgrading was expected and in line with ...


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Old 2nd December 2011, 06:25 AM   #1
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Post S&P downgrades Big Four one notch

Standard & Poor's last night cut the long-term credit ratings of Australia's four major banks by one notch to AA- from AA. The downgrading was expected and in line with the review of country ratings released by S&P last month.

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