Comment & Analysis
A Ratings Downgrade Trifecta for Credit Suisse
The third major rating agency follows S&P and Moody's in downgrading Credit Suisse in the wake of poor second-quarter results and a renewed strategic review. Fitch Ratings downgraded Credit Suisse's Long-Term Issuer Default Rating to 'BBB' from 'BBB+', with the outlook negative. The bank's viability rating (VR) has also been…
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