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Fitch Downgrades Credit Suisse Group to 'BBB+'; Stable Outlook

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Fitch Ratings has downgraded Credit Suisse Group AG's (Credit Suisse) Long-Term Issuer Default Rating to 'BBB+' from 'A-'. The Outlook is Stable. Credit Suisse's Viability Rating (VR) has also been downgraded to 'bbb+' from 'a-'. Fitch has also downgraded the Long-Term IDRs of Credit Suisse's subsidiaries, Credit Suisse AG (CSAG),…

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