Fitch Group
Financial Services Company and Company
Britain could lose its AAA statusThe move puts the country's rating at the same level as Italy and Cyprus and "reflects the severity of the decline in nominal GDP and the exceptional rise in government liabilities," Chris Pryce, a Fitch director in London, said. "The... In this article: Fitch, UK, Standard & Poor's, Moody's, London, Ireland, Recession, and Gordon Brown |
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WSJ.com: Markets | November 04, 2009
Fitch Cuts Ireland's Credit Ratings
Fitch Cuts Ireland's Credit Ratings We sent an email to: Please click on the link inside the email to complete your registration Please register to gain free access to WSJ tools. An account already exists for the email address...
In this article: Fitch, Ireland, Irish government, Revenue, and London
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Independent.ie | November 05, 2009
AIB sells EUR750m five-year bond after ratings downgrade
...the success of the deal in light of another ratings downgrade for Ireland this week. Fitch cut Ireland's ratings by two notches on Wednesday. The bond placement follows AIB's sale of EUR1bn of three-year unsecured and unguaranteed...
In this article: Allied Irish Banks, AIB, Recession, Small business, Fitch, and Bank of Ireland
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MarketWatch.com - MarketPulse | November 04, 2009
Irish credit rating downgraded by Fitch
Irish credit rating downgraded by Fitch LONDON (MarketWatch) -- Fitch Ratings on Wednesday cut Ireland's credit rating by two notches, reflecting the severity of the decline in the nation's gross domestic product and the "exceptional" rise...
In this article: Fitch, Ireland, MarketWatch, London, and U.S.
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Fitch downgrades Irish sovereign rating
Fitch downgrades Irish sovereign rating LONDON (MarketWatch) -- Fitch Ratings on Wednesday cut Ireland's sovereign rating for the second time this year, citing the sharp downturn in the country's economy and the rise in government...
In this article: Fitch, Bank of Ireland, Ireland, Lloyds, Royal Bank of Scotland, London, Allied Irish Banks, and UK
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Irish credit rating cut two levels by Fitch
Irish credit rating cut two levels by Fitch Ireland has had its credit downgraded two levels by Fitch Ratings, which cited a widening budget deficit and the rising cost of bank-rescue measures. The rating was reduced to AA- from AA+ with a...
In this article: Fitch, Ireland, Standard & Poor's, European Union, Cyprus, London, and Italy
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Ireland downgraded by Fitch to worst level yet in recession
...nominal gross domestic product (GDP) and the exceptional rise in government liabilities," said Chris Pryce, a director at the company's sovereign group. According to Fitch, the breadth and depth of the country's bank-sector problems have...
In this article: Fitch, Ireland, Recession, Government, Revenue, Deflation, Standard & Poor's, and European Union
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Description from Wikipedia:
The Fitch Group (technically, Fitch, Inc.) is a financial corporation whose divisions include Fitch Solutions, an advisory firm offering products and services to the financial industry, established in January 2008 partly following the criticism on Rating Agencies; Algorithmics Inc., the risk management software vendor and research firm; and Fitch Ratings, Ltd. Fitch Ratings is an international credit rating agency dual-headquartered in New York City and London. It was one of the three Nationally Recognized Statistical Rating Organizations (NRSRO) designated by the U.S. Securities and Exchange Commission in 1975, together with Moody's and Standard & Poor's.
The firm was founded by John Knowles Fitch on December 24, 1913 in New York City as the Fitch Publishing Company. It merged with London-based IBCA Limited in December 1997, and is majority-owned by Fimalac (From Wikipedia.fr: Fimalac), a French holding company. In 2000 Fitch acquired both Chicago, Illinois-based Duff & Phelps Credit Rating Co. (April) and Thomson BankWatch (December). Fitch is the smallest of the "big three" NRSROs, covering a smaller share of the market than S&P and Moody's, though it has grown with acquisitions and frequently positions itself as a "tie-breaker" when those other two agencies have ratings similar, but not equal, in scale.
Stephen W. Joynt is Chief Executive Officer of the Fitch Group. Joynt also serves as Chief Executive Officer of Algorithmics, Inc. and as President and Chief Executive Officer of Fitch Ratings.
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