BUSINESSTHE RIO TIMES
Fitch Cuts Outlook on Brazil’s Banks to ‘Deteriorating’
Fitch downgraded its outlook on Brazil's banks to 'deteriorating' from 'neutral', citing weaker asset quality and political risk. The same outlook was applied to Colombia and Mexico.
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Adjacent reporting
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- JPMorgan, UBS See Little Stock Upside Left in Europe This Year
- Indonesia’s Rupiah Slides to Record, Stocks Tumble With Bonds
- Philippines Outlook Cut to Negative by Fitch on Growth Risks
- European Stocks Slip as Vodafone Plunges, Banks Weigh
- Mexico Rating Outlook Revised to Negative at S&P as Debts Mount