Ratings Roundup: Fortis, Dexia, Glitnir, Citi

Fortis (Euronext Brussels: FORS)

S&P: Fortis Bank LOC-Backed Ratings Lowered; Off CreditWatch Negative (Oct 1)

Dexia (Euronext Brussels: DEXB)

Moody’s downgrades ratings of Dexia’s main operating units to Aa3 from Aa1 (Oct 1)

S&P: Dexia Core Entities Outlooks To Stable From Neg On Governments’ Capital Injection (Oct 1)

Glitnir (Iceland: ISB)

Moody’s downgrades Glitnir’s Covered Bonds to Aa1 and reviews for further possible downgrade (Oct 1)

Hypo (Frankfurt: HRX)

Fitch Downgrades Hypo Public Finance Bank to ‘A-’; Outlook Remains Stable (Oct 1)

Citigroup (NYSE: C)

S&P: Citibank Credit Card Trust Ratings Not Affected By Citibank CreditWatch Negative Placement (Oct 1)

Previous Ratings Roundup.

Technorati Tags: (c), (DEXB), (FORS), (HRX), banking, Citigroup, credit-crisis, credit-ratings, credit-risk, Dexia, Fortis, Glintnir, Hypo, iceland

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Thursday, October 2nd, 2008 : Credit Research : No Comments

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