U.K. banks are no longer among the world’s “most stable and low-risk” as the country’s economy stagnates and much of the industry depends on government assistance, Standard & Poor’s said. The pound erased earlier gains against the dollar.
BusinessWeek.com --, Business Week
Thu, 01/28/2010 - 8:58am
U.K. banks are no longer among the world’s “most stable and low-risk” as the country’s economy stagnates and much of the industry depends on government assistance, Standard & Poor’s said. The pound erased earlier gains against the dollar.