Fitch Ratings Has Placed 9 Banks On Rating Watch Negative (BBT, DFS, FITB, STI, WFC)
Get Alerts BBT Hot Sheet
Price: $54.24 --0%
Rating Summary:
13 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
13 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Join SI Premium – FREE
Fitch Ratings has placed the ratings of the following nine U.S. banking companies and their bank subsidiaries on Rating Watch Negative.
BB&T Corporation (NYSE: BBT)
Discover Financial Services (NYSE: DFS)
Fifth Third Bancorp (Nasdaq: FITB)
KeyCorp (NYSE: KEY)
M&T Bank Corporation (NYSE: MTB)
Popular, Inc. (Nasdaq: BPOP)
Regions Financial Corp. (NYSE: RF)
SunTrust Banks Inc. (NYSE: STI)
Wells Fargo (NYSE: WFC)
The Rating Watch extends to all ratings of the companies listed above and their subsidiaries with the exception of the support ratings and support floors for all entities as well as the short term ratings of
Wells Fargo and BB&T Corp.
The actions reflect Fitch's view that these institutions show an incrementally higher level of vulnerability to the credit deterioration which Fitch expects to continue across virtually all loan categories.
BB&T Corporation (NYSE: BBT)
Discover Financial Services (NYSE: DFS)
Fifth Third Bancorp (Nasdaq: FITB)
KeyCorp (NYSE: KEY)
M&T Bank Corporation (NYSE: MTB)
Popular, Inc. (Nasdaq: BPOP)
Regions Financial Corp. (NYSE: RF)
SunTrust Banks Inc. (NYSE: STI)
Wells Fargo (NYSE: WFC)
The Rating Watch extends to all ratings of the companies listed above and their subsidiaries with the exception of the support ratings and support floors for all entities as well as the short term ratings of
Wells Fargo and BB&T Corp.
The actions reflect Fitch's view that these institutions show an incrementally higher level of vulnerability to the credit deterioration which Fitch expects to continue across virtually all loan categories.
You May Also Be Interested In
- Near-term rate cut even less likely following today's data - ING
- First Cash Financial (FCFS) PT Lowered to $140 at TD Cowen
- US FCC approves T-Mobile deal to buy budget provider Mint Mobile
Create E-mail Alert Related Categories
Analyst Comments, General NewsRelated Entities
Fitch Ratings, BB&T Capital MarketsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!