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Seeking Alpha
Market Currents
Tuesday, May 5, 2009
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09:13 AM
S&P puts 23 regional and national banks on CreditWatch Negative, meaning a 50% chance their ratings will drop in the coming quarter. The group is seen as underperforming compared to peers. Here are the publicly-traded banks under watch: ASBC, AF, BBT, BAC, COF, C, CRBC, CMA, FITB, HBAC, KEY, MTB, PNC, RF, SUSQ, SNV, USB, WBS, WFC, WTNY, WL.