While the increase in deposits and subsequent increase in bond valuations was seen as a strong positive for banks, the broad numbers indicate that bank margins will see a strong compression. Read more »
CBI is investigating a case in Bengaluru where an attempt was made to convert Rs 5.63 crore “black money” into white using ATM refill agencies. Read more »
NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: AMMC CLO 15 Limited/Corp -- Appendixhttps://www.fitchratings.com/site/re/891850 Fitch Ratings has assigned the following ratings to AMMC CLO 15 Limited/Corp (AMMC 15): --$100,000,000 class A1-R ... Read more »
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB' rating to the following bonds expected to be issued on behalf of Miami Jewish Health System, Inc. (Miami Jewish): --$45,545,000 City of Miami Health... Read more »
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken the following rating actions on SLM Student Loan Trust 2003-12: --Class A-5 downgraded to 'AAsf' from 'AAAsf'; removed from Rating Watch Negative and assigned Outlook Negative;... Read more »
Fitch Affirms American Muni Power Prairie State Energy Campus (OH) at ‘A’; Outlook Revised to Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'A' rating on the following American Municipal Power, Inc. (AMP) Prairie State Energy Campus (PSEC) outstanding project revenue bonds: --$95.8 million Prairie State Energy Campus... Read more »
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded Higher Education Loan Authority of the State of Missouri Series 2012-1 notes to 'Asf' from 'AAAsf'; removed from Rating Watch Negative and assigned Outlook Stable. The... Read more »
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has revised the Rating Outlooks for various Mexican corporates to Negative from Stable. A full list of rating actions follows at the end of this release. The Outlook revisions... Read more »
MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has affirmed FEMSA S.A.B. de C.V.'s (FEMSA) Long-Term Foreign and Local Currency Issuer Default Rating (IDR) at 'A'. In addition, Fitch has affirmed FEMSA's National scale long-term rating... Read more »
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has placed Fidelity National Financial, Inc.'s (FNF) 'BBB-' Long-Term Issuer Default Rating (IDR) and 'BB+' senior unsecured debt rating on Rating Watch Positive. Fitch took no rating action on... Read more »