Fitch warns about U.S. banks' exposure to Europe

11/16/2011 | Bloomberg · Reuters · Wall Street Journal, The

Fitch Ratings said that if Europe's sovereign-debt crisis worsens and continues to spread, the creditworthiness of U.S. banks would be threatened. "Unless the eurozone debt crisis is resolved in a timely and orderly manner, the broad credit outlook for the U.S. banking industry could worsen," Fitch said.

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Bloomberg · Reuters · Wall Street Journal, The

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