Thursday, 30 January 2014

Fitch Affirms Ratings of 3 Brazilian Subsidiaries of European Banks

(The following statement was released by the rating agency) SAO PAULO, January 30 (Fitch) Fitch Ratings has affirmed the ratings of three Brazilian subsidiaries of European investment banks: Banco Barclays S.A. (BBSA), Banco de Investimentos Credit Suisse (Brasil) S.A. (BICS), and Deutsche Bank S.A. Banco Alemao (DBSA) The rating actions follow a periodic review of the three banks. The three banks operate in the Investment banking field in Brazil and face a fierce competitive environment as






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