Government Ownership

Fitch Upgrades Codelco's LT FC IDR to 'A+'; Outlook Stable

CHICAGO & SANTIAGO, Chile--(BUSINESS WIRE)-- Fitch Ratings has upgraded the Issuer Default Ratings (IDRs) and outstanding international debt ratings of Corporacion Nacional del Cobre (Codelco) as

Fitch: AIG's Rating Unchanged in Light of Proposed FDIC Rules

CHICAGO--(BUSINESS WIRE)-- American International Group, Inc's. (AIG) ratings are unchanged following Fitch Ratings' recent review of the Notice of Public Rulemaking (NPR) titled 'Implementing

BestWeek: Congress Leaps Into Pre-Election Stretch, May Put NFIP in Budget Bill

OLDWICK, N.J.--(BUSINESS WIRE)-- After a frantic session in which Congress was banging out major bills month after month, Capitol Hill is entering its customary transition period, leaving insurance

Fitch Affirms Banco do Brasil IDRs at 'BBB-'

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has affirmed the following ratings of Banco do Brasil S.A. (BdB): --Long-term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'BBB-'; Outlook

Citigroup alone faces big government stake

Not too long ago, it seemed fait accompli that Uncle Sam would end up a large owner of the nation's biggest banks. But a favorable stock climate has allowed some big banks, notably Bank of America