The Third largest bank in the world is downgraded but is S&P's stance worth noting after their blunder last year when the USA were downgraded. The head of S&P was on that occasion sacked from his job.
BBC News - Standard & Poor's downgrades outlook for HSBC
The Third largest bank in the world is downgraded but is S&P's stance worth noting after their blunder last year when the USA were downgraded. The head of S&P was on that occasion sacked from his job.
