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Fitch Ratings

Mark Gongloff

DERPONOMICS: Fitch Downgrades UK Using Discredited Math

HuffingtonPost.com | Mark Gongloff | Posted 04.19.2013 | Business

Here's an example of why credit-rating agencies might have a bit of a credibility problem. On one of the most dramatic news days in recent history,...

Moody's Smacks Down Credit Agency Rival

AP | Posted 04.17.2013 | Business

NEW YORK (AP) — Moody's Investors Service on Friday downgraded The McGraw-Hill Cos., citing the company's plans to sell its education business and t...

Ben Hallman

Wall Street Ratings Agencies Hold Weak Defense Against Financial Crisis Lawsuit

HuffingtonPost.com | Ben Hallman | Posted 02.05.2013 | Business

For nearly four years, credit rating agencies like Standard & Poor's have tried to use the First Amendment as a shield against angry investors who hav...

Debt Ceiling Protection Plan

Natalie Pace | Posted 03.17.2013 | Business
Natalie Pace

On Tuesday, Jan. 15, 2013, Fitch Ratings warned that if there is another Debt Ceiling Crisis, they could lower the U.S. credit rating. The U.S. is a...

Fitch's Dire Debt Ceiling Warning

AP | PAN PYLAS | Posted 03.17.2013 | Business

LONDON -- The United States could lose its top credit rating for the second time from a leading agency if there's a delay in raising the country's deb...

U.S. Could Lose Top Rating Over Fiscal Cliff Fail

AP | Posted 02.18.2013 | Business

NEW YORK — Fitch warned that the U.S. is more likely to lose its top-notch "AAA" rating if lawmakers cannot agree on how to cut the deficit and ...

You've Been Warned

AP | MARCY GORDON | Posted 01.07.2013 | Business

WASHINGTON (AP) — Fitch Ratings says President Barack Obama must pivot off his re-election victory and quickly forge an agreement with Congress to p...

The New U.S. Visa Rush: Build A Charter School, Get A Green Card

Reuters | Posted 12.11.2012 | Home

By Stephanie Simon Oct 12 (Reuters) - It's been a turbulent period for charter schools in the United States, with fina...

Chicago Schools' Credit Rating Cut Yet Again Amid Budget Pressure In New Strike Deal

Reuters | Posted 12.02.2012 | Home

* Fitch downgrade adds to negative rating actions * Cites increased budget pressure in wake of teacher pact * Move follo...

Bank Downgrades Have Big Effect On Spain Bonds

AP | ALAN CLENDENNING and HAROLD HECKLE | Posted 08.12.2012 | Business

MADRID — Spain's benchmark borrowing rate hit its highest level Tuesday since the country adopted the euro currency, after ratings agency Fitch ...

Biggest European Country So Far To Request Bailout

Reuters | Posted 08.08.2012 | Business

(Adds Spanish spokeswoman, background) * Sources-euro zone finance ministers to hold conference call Saturday * Stateme...

The Crisis In Greece Just Keeps Getting Worse

AP | NICHOLAS PAPHITIS | Posted 07.18.2012 | Business

ATHENS, Greece — Germany's chancellor apparently waded into Greece's choppy political waters on Friday, when Athens said Angela Merkel suggested...

Another Blow To Greece

AP | NICHOLAS PAPHITIS | Posted 07.17.2012 | Business

ATHENS, Greece — Fitch ratings agency downgraded debt-crippled Greece deeper into junk territory on Thursday, warning of a "probable" Greek exit...

Fitch: World's Biggest Banks May Need To Raise Billions To Comply With New Rules

AP | Posted 07.17.2012 | Business

WASHINGTON — Fitch Ratings said Thursday that the world's 29 biggest banks together may have to raise $566 billion by the end of 2018 to meet ne...

Ratings Agency Hedges On Detroit Consent Agreement

Reuters | Posted 06.25.2012 | Detroit

(Adds details, background) April 25 (Reuters) - An agreement between Detroit and state of Michigan officials provides "a strong framew...

Credit Rating Agency Accused Of Misrepresenting Itself

AP | MARCY GORDON | Posted 06.24.2012 | Business

WASHINGTON — Federal regulators are accusing a prominent corporate and government credit rating agency and its president of making false stateme...

Fitch Downgrades Spain, Italy, Other EU Nations

AP | DAVID McHUGH | Posted 03.28.2012 | Business

FRANKFURT, Germany — Fitch Ratings downgraded the debt of Italy, Spain and three other countries that use the euro on Friday, a possible setback...

Downgrading the Big Three

Jeff Greene | Posted 03.14.2012 | Business
Jeff Greene

Standard and Poor's, Moody's, and Fitch -- also known as The Big Three -- lost much of their credibility as they failed to act as reliable brokers of information and played a big part in creating the economic crisis that began in 2007. In effect, the market has downgraded them.

Fitch Calls Italy The 'Front Line' Of Europe's Debt Crisis

AP | By PAN PYLAS | Posted 01.10.2012 | Business

LONDON -- A number of euro countries, including Italy, could see their credit ratings downgraded by the end of this month as they struggle to cope wit...

Credit Agency Warns Debt Could Lead To U.S. Downgrade

Posted 12.22.2011 | Business

NEW YORK (Daniel Bases) - Fitch Ratings on Wednesday warned again that the United States' rising debt burden was not consistent with maintaining t...

LIVE UPDATES: After Resolution, A Flood Of Bad News Out Of Europe

AP | SHAWN POGATCHNIK | Posted 02.15.2012 | Business

DUBLIN — Alarming financial news flowed out of Europe in a torrent Friday, just a week after the EU leaders struck a deal they thought would con...

Fitch: Only Eight Banks Are Candidates For Government Bailout

AP | Posted 12.16.2011 | Business

NEW YORK -- Fitch Ratings says U.S. government financial support for banks is declining and argues that future bailouts will likely be restricted to j...

Catherine New

Banks Face Crisis Of Confidence, As Europe Falls Further

HuffingtonPost.com | Catherine New | Posted 12.15.2011 | Business

The crisis in Europe showed no sign of letting up on Wednesday, and analysts and observers warned of the potential for a sharp financial downturn over...

Fitch Downgrades Five Major European Banks

AP | Posted 12.15.2011 | Business

LONDON -- Fitch Ratings on Wednesday downgraded the debt ratings for five major European commercial banks and cooperative banking groups, citing the e...

Tim Geithner Praises Italy's New Austerity Measures

AP | MARTIN CRUTSINGER and PAN PYLAS | Posted 02.07.2012 | Business

MILAN — The austerity plan devised by Italy's new government won wide-ranging support Thursday, with both U.S. Treasury Secretary Timothy Geithn...