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Tuesday, November 23, 2010

Regions Cut to Junk by S&P on Concern Over Funding

from BusinessWeek - Business News, Stock Market & Financial Advice


Regions Cut to Junk by S&P on Concern Over Funding: "Regions Financial Corp., the Alabama bank that replaced its risk managers last week, was downgraded to junk status by Standard & Poor’s Ratings Services on concern that more loan losses will erode the firm’s capital."

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