S&P tips off (.pdf) where it sees its ratings on U.S. banks heading after enacting some...

|By:, SA News Editor

S&P tips off (.pdf) where it sees its ratings on U.S. banks heading after enacting some changes to its ratings criteria: "We expect to affirm roughly 60% of ratings, raise approximately 20% by one notch, and lower about 15% by one notch. We expect to lower less than 5% by two or more notches."