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US Banks Face Contagion Risk From Europe Debt, Fitch Says
BusinessWeek 17 (Bloomberg) — US banks face a “serious risk” that their creditworthiness will deteriorate if Europe's debt crisis deepens and spreads beyond the five most-troubled nations, Fitch Ratings said. “Unless the euro zone debt crisis is resolved in a … Europe Debt Crisis Could Hit US Banks, Fitch Warns Europe Factors-Shares set to fall after Wall St sell-off Asian Shares Mixed; Markets Wary Over Europe; Financials Fall |