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BNP Paribas SA's Rating Lowered by Standard & Poor's-Les Echos


Thursday, 25 Oct 2012 08:00pm EDT 

Les Echos reported that Standard & Poor's lowered the rating of BNP Paribas from AA- to A+. Standard & Poor's attributed the move to the fact that BNP Paribas' three domestic markets (France, Italy and Belgium) are in the eurozone, making it more susceptible to the area's economic problems.