-Fitch Ratings: Italian Credit Ratings' Sovereign Links Vary by Sector
Italian banking and insurance are the sectors whose ratings would be most affected in the event of hypothetical Italian sovereign stress scenarios, Fitch Ratings says in a new report.
Ratings of non-financial corporate issuers would typically be less affected.
We assessed the cross-sector rating impact of two purely hypothetical Italian sovereign stress scenarios. Each scenario comprises a set of macroeconomic indicators associated with a reduction of Italy's 'BBB'/Negative rating - ...