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Fitch downgrades UBS long-term rating

SAN FRANCISCO (MarketWatch)
Fitch Ratings said late Thursday it downgraded UBS AG’s long-term issuer default rating to A from A+ in its review of European banks in light of the sovereign debt crisis.
The outlook on UBS is stable, Fitch said.
The…

SAN FRANCISCO (MarketWatch)
Fitch Ratings said late Thursday it downgraded UBS AG’s long-term issuer default rating to A from A+ in its review of European banks in light of the sovereign debt crisis.
The outlook on UBS is stable, Fitch said.
The…