Tag: fitch

The ratings agency points to early warning signs that indicate asset quality is deteriorating. For the first six months of the year, foreign net selling in Asian equity markets totalled $13.7 billion, the worst in seven years. A top executive from Moody's says investors were warned in 2006 about the increased risk in certain kinds of credit transactions. The rating upgrade of India to investment grade by Standard & Poor's seems to confirm what market participants have already factored in. Fitch lowers its outlook on the sovereign credit rating for Indonesia to stable from positive days after Standard & Poor’s flip-flopped its rating the other way around. Transfers internally from London to head the ratings agency''s Asia-Pacific structured credit team. Wit Solberg appointed head of non-Japan Asia structured finance, replacing Ben McCarthy, who takes on a new REITs role. A new head for Fitch Ratings Asia-Pacific. A small market and control issues lead to a consensual break-up. Relocates from New York to form Asian public finance/project finance ratings group. Gilbert Ong joins from OCBC Singapore. Daniel Ho is appointed to run Fitch Taiwan. FinanceAsia.com talks to senior management at Fitch Ratings about what is driving Asia''s credit markets. The rating agency appoins Hilary Tan and Stan Ho. Fitch has made changes to its Asian and Australian structured finance teams with Ben McCarthy relocating from Sydney to Hong Kong. A top level shake-up takes place, as the rating agency struggles to compete with the two incumbents, Standard & Poor''s and Moody''s. International rating agency Fitch is launching its AMR service in Singapore and Hong Kong. Fitch IBCA, Duff & Phelps (Fitch) is relocating top analysts to Asia in anticipation of greater growth in Asian structured finance.