Fitch Ratings


Also found in: Wikipedia.

Fitch Ratings

A credit rating by Fitch. As with other credit ratings, a Fitch rating measures the level of risk associated with a particular issuer of debt securities. Credit ratings are extremely important to some issuers, as banks are only allowed to invest in low-risk debt securities. Fitch is one of only 10 firms the SEC recognizes as a credit rating agency, and, along with S&P and Moody's, it is one of the three most prominent. However, the methods of credit ratings agencies have been subject to criticism. For example, most agencies gave high-risk mortgage-backed securities top ratings until they defaulted.

Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. Formerly called Fitch Investors Service.
References in periodicals archive ?
Exemplifying this change, Fitch Ratings has signed an 11-year, 66,256-square-foot lease at Broad Financial Center in Downtown Manhattan.
NEW YORK -- Fitch Ratings assigns Wachovia Bank, N.
NEW YORK -- Fitch Ratings has affirmed the insurer financial strength rating of Liberty Life Insurance Company (LLIC) at 'A+'.
dated December 20, 2006, available on the Fitch Ratings web site at www.
auto ABS transactions continues to pervade investors' thoughts, according to Fitch Ratings.
NEW YORK -- Fitch Ratings affirms all classes of notes issued by Blue Heron Funding VI, Ltd.
NEW YORK -- Fitch Ratings has performed a review of the Deutsche Financial Capital (DFC) manufactured housing transactions and has taken the following rating actions:
CHICAGO -- Fitch Ratings today released its annual analysis of the U.
For additional information on Fitch's rating criteria regarding predatory lending legislation, please see the press release issued May 1, 2003 entitled 'Fitch Revises Rating Criteria in Wake of Predatory Lending Legislation,' available on the Fitch Ratings web site at www.
NEW YORK -- Fitch Ratings is introducing an enhanced version of its Ratings Delivery Service (RDS) to include both Recovery Ratings (RRs) and National Scale Ratings.
CHICAGO -- Fitch Ratings has assigned a 'BBB-' rating to Cox Communications, Inc.
By moving more to a cash settlement procedure for single-name CDS and other structures, and assuming the procedure put in place is adequate, there may be a lower likelihood that technicals will exert as much of an influence on the cash deliverable market, which Fitch would view as a positive development in general,' according to James Batterman, Senior Director, Fitch Ratings.