International credit rating agency Fitch Ratings is making evaluations on American Banks after Trump's surprising victory. Fitch stated that financial arrangements can be made after election, may not be beneficial for the American banks. In a statement from credit rating agency : Fitch does not expect any changes as a result of the selection in financial sector regulation in the United States.The effects of the reduction of capital or liquidity requirement potentially could be negative. But it will depend on how it responds to the banks. According to the level of capital and liquidity levels decline, this situation may cause a range of negative ratings.But, this scenario may not be possible in the near future. Finally, increasing worries after electing Donald Trump as the president of the USA at 8th November, are affecting the possible financial regulations in American economy.
- Date: 13 November 2016 Sun 11:45
- Last Added
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