Fiat: ‘unroadworthy’

Credit of the month

Juan Carrion
Barclays Capital

Slightly overweight
We view Fiat as an industrial conglomerate that is shifting towards being a more focused, less capital intensive service sector conglomerate. Longer term, we believe that this expected transition, with its focus on utilities and financial services, will provide investors with ratings upside from its currently weak low-BBB credit profile, albeit not to the single-A level the company is reportedly targeting. In the mid-term, we view a solid mid-BBB

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here