Fitch downgrades Greece's banks to B- from B+ in the wake of the yesterday's downgrade of the...

|By:, SA News Editor
Fitch downgrades Greece's banks to B- from B+ in the wake of the yesterday's downgrade of the country to CCC. The agency notes the banks' funding is supported by "extraordinary liquidity provided by the ECB," leaving little room for maneuver against further deposit outflows or sovereign shock. NBG -2.4%.