Por: Los Angeles Times Business March 15, 2023
First Republic Bank was cut to junk by S&P Global Ratings and Fitch Ratings amid concern that clients will pull holdings from the lender, even after U.S. regulators pledged support for the banking sector. The California-based bank’s credit rating was lowered to BB+ from A-, and it remains on credit watch negative, according to an S&P statement Wednesday. Shortly after, Fitch cut the bank to BB from A-, a step below the S&P rating, and placed... + full article
MarketWatch USA Business March 24, 2023
According to Fitch, the executive decree would involve unilateral exchanges and forced currency conversion that constitute default events under Fitch's criteria. Fitch said the C rating reflects its view that default is thus imminent. Upon execution of the exchanges, the... + más
Fitch says banks in Asia are resilient to risks seen in U.S. bank failures | CNBC
First on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says | CNN
Fox Business USA Business March 18, 2023
The Wall Street Journal chief economics correspondent Nick Timiraos discusses the macro impact from America's biggest banks bailing out First Republic Bank. First Republic Bank stock continued its free fall on Friday despite an announced the previous day by nearly a dozen... + más
What to Know About Infusion Therapy for IBD | Time
Big banks save First Republic with $30B rescue plan | New York Post
CNBC USA Business March 17, 2023
A sign for the financial agency Fitch Ratings on a building at the Canary Wharf business and shopping district in London, U.K., on Thursday, March 1, 2012.Bloomberg Bloomberg Getty ImagesAsia-Pacific banks are resilient to risks highlighted by failures seen in U.S. banking... + más
Fitch ups Greece's rating to a notch below investment grade | Associated Press
Associated Press USA Business January 28, 2023
NEW YORK (AP) — Credit ratings company Fitch has raised Greece’s credit rating to one notch below investment grade.In a report issued Friday, Fitch estimates that Greece’s deficit will shrink to 1.8% of its gross domestic product in 2024 from an estimated 3.8% last year.... + más
Fitch cuts outlook for UK rating to 'negative' from 'stable' | CNN
ABC News USA Business January 28, 2023
NEW YORK -- Credit ratings company Fitch has raised ’s credit rating to one notch below investment grade.In a report issued Friday, Fitch estimates that Greece's deficit will shrink to 1.8% of its gross domestic product in 2024 from an estimated 3.8% last year. “There... + más
CNN USA Business October 18, 2022
New York CNN Business — and the Federal Reserve’s will drive the American economy into a 1990-style mild recession starting in the spring, Fitch Ratings warned on Tuesday. In a report obtained first by CNN, Fitch slashed its US growth forecasts for this year and next... + más
Coco Austin, Ice-T's wife, defends bathing 6-year-old daughter in sink | Newsweek
CNN USA Business October 06, 2022
Ratings agency Fitch lowered the outlook for its credit rating for British government debt to “negative” from “stable” on Wednesday, days after a similar move from rival Standard & Poor’s following the government’s Sept. 23 fiscal statement. “The large and unfunded... + más
How the 55% plunge in mortgage originations is hitting nonbanks: Fitch | MarketWatch
Fitch Sees UK Slipping Into Deep Recession On Sharp Rate Hikes | RTTNews
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