trending Market Intelligence /marketintelligence/en/news-insights/trending/Qgqhr1qPcmJxkNJfQsJZQw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Fitch assigns ratings to Credit Suisse's German unit

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Fitch assigns ratings to Credit Suisse's German unit

Fitch Ratings on March 15 assigned Credit Suisse (Deutschland) AG long- and short-term issuer default ratings of A-/F1, with a positive outlook on the long-term rating.

The agency also assigned the lender a support rating of 1 and A-/F1 long-and short-term deposit ratings.

Fitch noted that the long-term issuer default rating of the Frankfurt-based bank is based on the viability rating of immediate parent Credit Suisse AG, reflecting a number of factors, such as the unit's expected core role in the group following Britain's imminent exit from the EU.

The ratings also reflect Fitch's view that a default of Credit Suisse (Deutschland) would result in high reputational damage for the parent and could have significant implications for Credit Suisse's overall franchise.

Credit Suisse Group AG is the ultimate parent of Credit Suisse and Credit Suisse (Deutschland).