Cable lower, presently at 1.6075.
- 14 institutions on review for possible downgrade
- Review includes Lloyds TSB, RBS, Newcastle building society, Santander UK PLC, CO-OP bank, Coventry building society, Nationwide building society (long list, but you get the picture)
- Revises Barclays Bank PLC outlook to negative from stable
- Affirms HSBC holdings and HSBC bank PLC with negative outlook
