An analyst at Fitch Ratings warned that U.S. banks, including JPMorgan Chase, could be downgraded if the agency further cuts its assessment of the operating environment for the industry, according to a report from CNBC on Tuesday.
In June, Fitch lowered the score of the U.S. banking industry’s “operating environment” to AA- from AA. Image Courtesy: Reuters.
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This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...
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