Institution: Risk of Rating Downgrade for French Bank

On December 5th, Jin10 News reported that CreditSights, a credit research and analysis agency, analyst Karia stated at a conference on the outlook for European credit prospects that as the political situation in France deteriorates, the credit ratings of French banks may be downgraded. Prior to this political crisis, France's bank ratings ranked among the top in Europe. Karia stated that investors should remember that they are now increasingly vulnerable to rating downgrades.