Fitch on U.S. Banks

2011-11-17 14:05:14

Fitch released statement Wednesday, November 16, 2011, releasing the fact that U.S. banking system may be “greatly affected” in case debt crisis
hits more countries, aside already affected Greece, Ireland and Portugal. Such tendencies concern large scale investors, contributing to growth of
the interest rates on long-term, 10-Y bonds of European countries, France more recently. Major international and U.S. companies continue releasing
most recent reports and the results are different to the extent that they have to be reviewed on the company basis.