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MOODY'S on Monday downgraded the long-term ratings of top American lenders such as JP Morgan Chase, Bank of America (BofA) and Wells Fargo after pushing the United States out of top triple-A rating ...
Government bonds aren't the "shock absorbers" investors can rely on in times of volatility, KKR said, while Jamie Dimon this ...
Asian markets rose Tuesday (May 20) as investor sentiment returned following the previous day's US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows.