Fitch ready to rate new generation tier two

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Fitch ready to rate new generation tier two

Issue: 1169 - 27 August 2010

Keywords: fitch; basel; tier two; tier one; rawcliffe

Fitch will provide ratings for a new generation of tier two capital that the Basel Committee on Banking Supervision is seeking to impose, the agency told EuroWeek on Wednesday, soothing fears that the instruments will not meet rating agency criteria for fixed income. ..

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