Fitch Affirms JPMorgan Chase & Co. at ‘A+’; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed JPMorgan Chase & Co.’s (JPM) long-term Issuer Default Rating (IDR) at ‘A+’ and short-term IDR at ‘F1’. Fitch has also affirmed JPM’s viability rating (VR) at ‘a+’. The Rating Outlook is Stable. The rating affirmations have been taken in conjunction with Fitch’s periodic review of the Global Trading and Universal Banks (GTUBs). In addition, Fitch has assigned Derivative Counterparty Ratings (DCR) of ‘A+(dcr)’ to JPM and Bear Stearns Compa