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Whitney hit by Fitch Ratings downgrade

Source: Seattle Times
New Delhi : India | 5 months ago  
Views: 7
Fitch Ratings has cut its rating on regional banker Whitney Holding Corp. citing its nonperforming assets, much of them related to Florida real estate. The ratings house said Tuesday that Whitney's long-term issuer default rating had been dropped to BBB from BBB-plus, still considered to be investment...
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    Fitch Ratings has cut its rating on regional banker Whitney Holding Corp. citing its nonperforming assets, much of them related to Florida real estate. The ratings house said Tuesday that Whitney's long-term issuer default rating had been dropped to...
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