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S&P downgrades the core components of Dexia (OTC:DXBGF) by a notch to A-/A-2, citing the...

Oct. 07, 2011 3:12 AM ETDexia S.A. (DXBGF) StockDXBGFBy: Yigal Grayeff, SA News Editor1 Comment
S&P downgrades the core components of Dexia (OTC:DXBGF) by a notch to A-/A-2, citing the bank's problems in obtaining wholesale financing and its need for more collateral. S&P could further downgrade Dexia or even upgrade it, depending on the impact of a proposed revamp.

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