Displaying 9 results
Osaic boosts cash flow in first half of 2023: Fitch
The improvement demonstrates that the giant broker-dealer network, which many believe will seek to go public in the next few years, is moving its cash flow in the right direction.
Advisors take US debt downgrade in stride: ‘More to do with politics than economic stability’
'Not worth panicking about' — advisors caught off guard by Fitch's timing but remain sanguine.
Fitch downgrades US credit rating
In cutting its rating on US sovereign debt to AA from AAA, Fitch cited 'repeated debt limit standoffs and last-minute resolutions.'
UBS credit outlook cut to negative by S&P, Moody’s following Credit Suisse deal
In addition, Fitch places UBS on rating watch negative due to uncertain implications of the acquisition on the combined credit profile of the two banks.
S&P, Fitch downgrade First Republic Bank to junk
Both credit assessors said further downgrades are possible as the bank faces deposit outflows that could affect its liquidity profile and ramps up wholesale borrowing.
Fitch sees ‘benefits’ in Advisor Group’s latest deal
The acquisition of American Portfolios could bolster the network's revenue and profit margins over time, according to the rating agency.
After latest deal, Advisor Group debt is stable but still ‘highly speculative’: Fitch
Fitch Ratings noted that the rating affirmation reflected Advisor Group's "improving scale as one of the largest independent financial advisers in the U.S."
Advisor Group still facing hurdles on debt: Fitch Ratings
The rating agency kept its junk rating of B- for Advisor Group bonds
To elbow two aside, Fitch IBCA tries harder: Three’s a crowd for bond ratings
When the Chicago Park District has sold bonds lately, it has employed two companies to rate the debt for investment safety.
