HONG KONG & LONDON–(BUSINESS WIRE)–Fitch Ratings has today affirmed The Hong Kong and Shanghai Banking Corporation Limited’s (HKSB) Long-Term Issuer Default Rating (IDR) at ‘AA-‘ with a Stable Outlook and its Viability Rating (VR) at ‘aa-‘. A full list of rating actions is available at the end of this commentary. The rating affirmations have been taken in conjunction with Fitch’s periodic review of HKSB’s parent HSBC Holdings plc as part of the Global Trading and Universal Banks (GTUBs) peer
