Home » Economy » “AAA Rated Mortgage Debt Securities from Credit Suisse and UBS Confirmed by Fitch”

“AAA Rated Mortgage Debt Securities from Credit Suisse and UBS Confirmed by Fitch”

2023-05-19 15:07:02

Zurich (awp) – Fitch on Friday confirmed mortgage debt securities from Credit Suisse AG, CS Suisse and UBS AG at “AAA”, the highest possible rating. The outlook has been assessed at “stable”.

The rating agency had recently placed UBS’s issuer default rating (IDR) at “rating watch negative”, signaling a possible downgrade for the three-key bank, which is soon to integrate its rival Credit Suisse.

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