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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 Sept. 28, 2017. The affirmation reflects BAC's strong franchise, improving earnings profile, strong liquidity position and satisfactory capital ratios. Outlook Stable: The Rating Outlook for BAC is Stable. Fitch sees limited downside to BAC's ratings and notes that the company's ratings are likely near the lower end of their potential range. Longer term upside to BAC's ratings would likely depend on continued earnings performance where BAC's returns consistently match or exceed the company's own targets and close the gap to peer averages over an extended period. 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 believes these businesses have positioned the company well to compete in the current operating environment and regulatory... |
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| Report Type: | |
| Company(ies) | 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.
, Bankboston Capital Trust III
, Bankboston Capital Trust IV
, Countrywide Financial Corporation
, Countrywide Capital III
, BofA Canada Bank
, Merrill Lynch, Pierce, Fenner & Smith Incorporated
, BAC Canada Finance Company |
| Ticker(s) | |
| Issuer | Merrill Lynch Mexico
, S.A. de C.V.
, Casa de Bolsa |
| Format: | | PDF |  |
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