Friday, August 23, 2013

Epic Research Singapore : U.S Market Update

The four banks under review with downgrade implications are Goldman Sachs GS -0.38% , J.P. Morgan Chase JPM -0.19% , Morgan Stanley MS -0.34% and Wells Fargo WFC -0.28% while Bank of America BAC +1.60% and Citigroup C -0.12% are being evaluated as "direction uncertain." Moody's had indicated in March that it will reassess the banks in line with changes in banking policies.

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