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  • S&P replaces president with Citibank exec post US downgrade

    The chief of Standard & Poor's will step down next month, to be replaced by a senior Citibank executive, in a move announced a few weeks after the credit rating agency downgraded US government debt and sparked a row with Washington.

  • Hope US downgrade seen as objective in time: S&P

    In the eye of a storm over the downgrade of America's credit rating from AAA to AA+ last week, ratings agency Standard & Poor's President Deven Sharma on Tuesday hoped the decision would over time be seen as objective and independent.

  • Rising debt cause of concern, stick with rating, says S&P

    The US credit downgrade has sent global equity markets in a downslide. In an interview with Maria Bartiromo, Deven Sharma, President of Standard & Poor's said that the decision was made mainly because of the rising debt levels and the process of resolving things.

  • Indian executive at core of S&P's US ratings downgrade

    There is an Indian at the helm of affairs surrounding the historic downgrade of the US' creditworthiness, as ratings agency S&P's unprecedented move was taken under the leadership of Deven Sharma.

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