Fitch Places Citigroup's 'AA-' IDR on Watch Negative; Lowers Wachovia Corp. to 'BB-' - Press Release - 2008/09/29 - Fitch Research

Report title: Fitch Places Citigroup's 'AA-' IDR on Watch Negative; Lowers Wachovia Corp. to 'BB-'

from Fitch Research
1829 word report published Sep 29, 2008

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Fitch Places Citigroup's 'AA-' IDR on Watch Negative; Lowers Wachovia Corp. to 'BB-' 29 Sep 2008 6:21 PM (EDT) Fitch Ratings-New York-29 September 2008: The strategic benefits of Citigroup Inc.'s (Citi) acquisition of Wachovia Corporation's...

Report Type:

Press Release

Company(ies):

Adam Capital Trust II, Adam Capital Trust III, Adam Statutory Trust I, Adam Statutory Trust II, Adam Statutory Trust III, Adam Statutory Trust IV, Adam Statutory Trust V, Associates Corporation of North America, California Commerce Bank Inc, Capital Associates International, Inc., Central Fidelity Capital Trust I, Citibank (South Dakota), N.A., Citibank Canada, Citibank International plc, Citibank Japan Ltd., Citibank Korea Inc, Citibank N.A., Citigroup Capital III, Citigroup Capital IV, Citigroup Capital IX

Ticker(s):

C , WB

Issuer:

World Savings Bank, FSB (Texas)

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Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.

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