S&P replaces president with Citibank exec after U.S. downgrade

SYDNEY/BANGALORE (Reuters) - 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 U.S. government debt and sparked a row with Washington.

Source: http://news.yahoo.com/p-president-sharma-stepping-down-report-011516843.html

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