56.19 F
September 28, 2022
Image default

Fitch to withdraw ratings on all Russian entities

Published by
Reuters UK

(Reuters) – Fitch will withdraw ratings on all Russian entities and their subsidiaries in order to comply with European Union sanctions, the ratings agency said on Wednesday, as Western nations tighten their grip around Moscow’s economy. The ratings will be withdrawn before April 15, the company said. Its parent company Fitch Group has already suspended its commercial operations in Russia earlier this month. The latest move comes days after credit ratings firm S&P Global Ratings also announced its intention to withdraw ratings for all Russian entities before April 15. A host of multinational f…

Read More

Related posts

Pfizer says COVID-19 pill near 90% effective in final analysis


Dollar rebounds as Fed officials comment on rates; $ at 6-yr high vs yen


Local governor says Russia is breaking promises on humanitarian corridor for Mariupol


EU Council agrees on sanctions to exclude some Russian banks from SWIFT system


More seek gun training in Taiwan as Ukraine war drives home China threat


Ukraine and Russia: What you need to know right now


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: