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... Read more »

Fitch Resolves Negative Watch & Affirms MEFA Issue I

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has resolved the Rating Watch Negative and affirmed the notes issued under the Massachusetts Educational Finance Authority (MEFA) Issue I at 'Asf'. The Rating Outlook for all of... Read more »

Fitch Revises Outlooks on Various Chilean Corporates to Negative

SANTIAGO, Chile--(BUSINESS WIRE)--Fitch Ratings has revised the Rating Outlooks for various Chilean corporates to Negative from Stable. These companies' credit ratings are driven by the strong linkage to the sovereign given the... Read more »

Fitch Affirms Morgan Stanley’s Long-Term IDR at ‘A’; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Morgan Stanley's (MS) Long-Term and Short-Term Issuer Default Ratings (IDRs) at 'A/F1', and its Viability Rating (VR) at 'a'. The Rating Outlook is Stable. The rating affirmations... Read more »

Fitch Affirms Mercantil’s IDR at ‘CCC’, Downgrades National Long-Term Rating to ‘A+(ven)’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the Long-Term (LT) Foreign and Local Currency Issuer Default Ratings (IDRs) of Mercantil C.A. Banco Universal (Mercantil) at 'CCC' following Fitch's peer review of Venezuelan Private... Read more »

Fitch to Affirm ‘AA-/F1+’ on Philadelphia Gas Works’ VRDBs, 5th Ser A-2

NEW YORK--(BUSINESS WIRE)--On the effective date of Dec. 22, 2016, Fitch Ratings will affirm the long-term rating of 'AA-' and the short-term rating of 'F1+' assigned to the $30,000,000 City of Philadelphia,... Read more »

Fitch Affirms HSBC at ‘AA-‘; Outlook Stable

HONG KONG & LONDON--(BUSINESS WIRE)--Fitch Ratings has today affirmed HSBC Holdings plc's (HSBC) Long-Term Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook and its Viability Rating (VR) at 'aa-'. A... Read more »

Fitch Affirms Banesco’s IDR at ‘CCC’; Downgrades National Rating to ‘A(ven)’

NEW YORK--(BUSINESS WIRE)--Following a peer review, Fitch Ratings has affirmed Banesco Banco Universal, C.A.'s (BBU) foreign and local currency Issuer Default Ratings (IDRs) at 'CCC'. No Rating Outlook is assigned at this... Read more »

Fitch Affirms Bancaribe’s IDRs at ‘CCC’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Banco del Caribe, C.A. Banco Universal's (Bancaribe) Viability Rating (VR) at 'ccc' and its Issuer Default Ratings (IDRs) at 'CCC'. No Rating Outlook is assigned at... Read more »

Fitch Affirms Banco Nacional de Credito’s IDR at ‘CCC’; Upgrades National Rating to ‘BBB(ven)’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded Banco Nacional de Credito, C.A., Banco Universal's (BNC) National Long-Term Rating to 'BBB(ven)' from 'BBB-(ven)'. In addition, Fitch has affirmed BNC's Long-Term Issuer Default Rating (IDR)... Read more »