Fitch spreads its wings


FITCH HAS ANNOUNCED THE launch of a new affiliate, Fitch Risk Management Services. The affiliate will provide tools and services to financial institutions, investors and regulatory bodies in Europe and the US to assess and manage risk.

The move comes in response to a growing demand for risk management services and as part of Fitch’s push to broaden its global ratings franchise.

The rating agency has also entered into an exclusive agreement with Loan Pricing Corporation (LPC), a Reuters company

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