Outlook Remains Negative For Most U.S. Banks
Despite a continued Negative Outlook for U.S. banks, many of the factors that put negative pressure on ratings are easing, according to Fitch Ratings in a new report. Fundamental financial performance for the banking sector will remain generally weak throughout most of 2010, although this will not likely result in broad downgrades. For the larger U.S. banking institutions, the credit outlook on long-term IDRs remains generally Stable.
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