UBS downgraded by Fitch, other banks on review

Fitch has downgraded Swiss bank UBS and said it may do the same for several large and relatively highly rated European and US lenders including Barclays, Deutsche Bank, BNP Paribas, Societe Generale, Bank of America, Morgan Stanley and Goldman Sachs. The ratings agency lowered UBS's long-term issuer default rating to A from A+. ... http://www.euronews.net/