Fitch Praises U.K.’s Ring-Fencing Decision
Fitch Ratings says the U.K.’s decision to require banks to ring-fence their retail and investment-banking operations will “likely make core retail banks safer” and “give them more table ratings through the economic and market cycles.”
Fitch Ratings says the U.K.’s decision to require banks to ring-fence their retail and investment-banking operations will “likely make core retail banks safer” and “give them more table ratings through the economic and market cycles.” Fitch warned, however, that the ratings of different debt classes issued by a
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