Accueil > Actualité
Actualite financiere : Actualite bourse

Credit Suisse: Fitch places rating on positive watch

( - Fitch announced on Tuesday that it has placed Credit Suisse's current long-term rating of "BBB" on its positive watch list.

The financial rating agency explains this decision by the prospect of its merger with its compatriot UBS, an element which, a priori, it considers favourable for its credit ratings.

It said that the resulting business combination is likely to enhance Credit Suisse's franchise and business model, risk management, and funding and liquidity profiles.

However, the watch means that the bank's rating could be downgraded if the proposed merger fails, the agency adds.

Fitch said the rating on Credit Suisse's additional tier 1 debt instruments (AT1) has been downgraded to "C" from "BB-" following the Swiss regulator's decision to reduce the face value of these instruments to zero.

Copyright (c) 2023 All rights reserved.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.