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Brief Excerpt: | ...Ratings Affirmed: Fitch Ratings affirmed Bank of America Corporation's (BAC) long-term issuer default rating (IDR) at `A' on Dec. 8, 2015. The affirmation reflects BAC's slowly improving operating performance, ongoing efforts to streamline its business, good liquidity position, and satisfactory capital ratios for its rating category. Outlook Stable: BAC's Rating Outlook remains Stable. Outside of Fitch's Rating Outlook horizon of 12¡24 months, BAC's ratings may have some upside potential should management be able to continue to execute on streamlining the business, and improving both the level and stability of operating performance all while maintaining sound liquidity and capital positions. Suite of Strong Franchises: BAC continues to have a suite of strong franchises that include Consumer Banking, Global Wealth and Investment Management, Global Banking, and Global Markets. Fitch considers these businesses to have created a good competitive positioning for the company in the context of... |
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Report Type: | |
Company(ies) | Column National Association
, Merrill Lynch & Co/USA
, Bank of America Corporation
, Bank of America NA
, Merrill Lynch & Co., Canada Ltd.
, Nationsbank Corp/Jacksonville
, FleetBoston Financial Corporation
, MBNA Corporation
, Countrywide Home Loans, Inc.
, Bankamerica Capital III
, NB Capital Trust III
, MBNA Capital B
, Fleet Capital Trust V
, Merrill Lynch S.A.
, BankAmerica Corporation (Old)
, Bankboston Capital Trust III
, Bankboston Capital Trust IV
, Countrywide Financial Corporation
, Countrywide Capital III
, MBNA Ltd |
Ticker(s) | BAC
, CFCA
, CFCB
, MERD
, MERE
, MERF
, MERM
, NCNB |
Issuer | Merrill Lynch Mexico
, S.A. de C.V.
, Casa de Bolsa |
Format: | PDF |  |
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