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Bank Watch: CRE Loans Hurt Ratings on South Financial Group; Threaten First Midwest’s

Fitch Ratings has downgraded the ratings for The South Financial Group Inc. and its principal bank subsidiary, Carolina First Bank, including the long-term issuer default rating to 'B-' from 'B+.' Fitch's downgrade of South Financial's ratings follows...

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This post was syndicated from National Commercial Real Estate News From CoStar Group.

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