LaSalle Bank ratings unaffected by Barclays-ABN AMRO merger talks, says Fitch |
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Published
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Mon, 26 Mar 2007 07:57
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LONDON (AFX) - Fitch Ratings said the ratings of LaSalle Bank Corp are not immediately affected by parent firm ABN Amro Bank NV's exclusive merger talks with Barclays PLC.Fitch said it does not feel it appropriate to use the Rating Watch status at this time for LaSalle as, 'merger talks between ABN AMRO and Barclays are in relatively early stages and it is possible that no deal will emerge.'From the credit rating perspective, Fitch said that the level of support from parent ABN AMRO remains the key rating driver for LaSalle.newsdesk@afxnews.comran/akuCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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No rating impact from Barclays-ABN Amro merger talks, says Fitch, S&P UPDATE 