Fitch downgrades six global banks | Inquirer Business

Fitch downgrades six global banks

/ 06:43 AM December 16, 2011

NEW YORK—Ratings firm Fitch downgraded six major global banks Thursday, citing increased challenges in the financial markets.

Fitch lowered the viability ratings, called “issuer default ratings,” on Bank of America and Goldman Sachs in the US, British bank Barclays, French bank BNP Paribas, German bank Deutsche Bank and Swiss bank Credit Suisse.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Banking, Business, Fitch, Ratings

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our business news

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.