Fitch: Most Russian Banks Don't Need FX Forbearance

Apr 30, 2015 16:11 pm UTC| Research & Analysis

Only five of Russias 100 largest banks might struggle to meet capital adequacy ratios if exchange-rate forbearance was withdrawn today, says Fitch Ratings. The bulk of forbearance measures introduced by the Central Bank of...

Fitch Report: Mexican Bond Funds with the Highest Performance

Apr 30, 2015 15:54 pm UTC| Research & Analysis

Fitch Ratings special report Bond Funds with the Highest Performance, identifies bond investment funds (BIFs) with the highest three-year compound annual return (3y-CAR) at the end of December 2014, based on a comparison...

Moody's: Greek Covered Bonds Have Protective Measures Against Redenomination, But Their Effectiveness is Uncertain

Apr 30, 2015 13:20 pm UTC| Research & Analysis

If Greece (Caa2 negative) were to exit the euro, Greek covered bonds applicable law would protect investors insofar as they are still likely to receive payments in euros, says Moodys Investors Service. However, in the...

Fitch: EU Bank Bail-In Rules May Change Short-Term Investor Behaviour

Apr 30, 2015 12:44 pm UTC| Research & Analysis

EU bank short-term (ST) debt is as vulnerable to bail-in as long-term debt in the event of bank resolution, says Fitch Ratings. This could lead to ST investors changing their behaviour, preferring exposure to EU operating...

Moody's: Impact of Greek exit from euro area should not be underestimated

Apr 30, 2015 09:22 am UTC| Research & Analysis

The direct economic and financial impact of a Greek exit from the euro area would be small, but an exit would undermine the euro areas longer-term resilience somewhat and could yet trigger a more immediate confidence...

Fitch: No Impact on Japanese SF Ratings from Sovereign Downgrade

Apr 30, 2015 07:46 am UTC| Research & Analysis

Fitch Ratings says that the recent downgrade of Japans sovereign rating to A with Stable Outlook from A+ on Rating Watch Negative has no impact on any of the public ratings of Fitch-rated structured finance (SF)...

Fitch: US Rate Rise Risks to Large EMs Shift Since Taper Tantrum

Apr 30, 2015 04:06 am UTC| Research & Analysis

Several large emerging markets remainvulnerable to US monetary tightening two years after the "Taper Tantrum", butshifts in macroeconomic backdrops and policy trends have helped relativevulnerabilities diverge, Fitch...