Fitch concludes major bank negative watch by equalising ratings at AA- [UPDATED]
- Monday, 30 January 2012
Fitch Ratings (Fitch) concluded its negative ratings watch on the Australian major banks on February 24, downgrading three of the big four to leave all the majors with equal ratings of AA- stable. The negative watch, which began on January 30, came following a Fitch review of the world's largest banks and the publication of its special report on major banks of Australia and Canada.
