Rating Type = Outlook, Range = Positive, Stable, Negative, WB = Negative, Definition of Fitch Ratings = The rating outlook indicates the direction a rating is likely to move over a one- to two-year period. A positive or negative rating outlook does not imply a rating change is inevitable. Similarly, ratings for which outlooks are “stable” could be upgraded or downgraded before an outlook moves to positive or negative if circumstances warrant such an action.
Rating Type = Short Term Obligations, Range = F1 – D, WB = F1+, Definition of Fitch Ratings = F-1 is the highest rating for commercial paper.
Rating Type = Long Term Senior, Range = AAA – CCC, WB = A+, Definition of Fitch Ratings = An A rating signifies a very strong bank. Characteristics may include outstanding profitability and balance sheet integrity, franchise, management , operating environment, or prospects.
Rating Type = Long Term Subordinated Debt, Range = AAA – CCC, WB = A, Definition of Fitch Ratings = An A rating signifies a very strong bank. Characteristics may include outstanding profitability and balance sheet integrity, franchise, management , operating environment, or prospects.
Wachovia Bank, N.A.
Rating Type = Short Term Deposits, Long Term Deposits, Range = Short Term = F1 – D, Long Term = AAA – CCC, WB = Short Term = F-1+, Long Term = AA-, Definition of Fitch Ratings = F-1+ is the highest rating for commercial paper. An A rating signifies a very strong bank. Characteristics may include outstanding profitability and balance sheet integrity, franchise, management , operating environment, or prospects.
Rating Type = Senior Unsecured, Range = AAA – CCC, WB = A+, Definition of Fitch Ratings = See explanation for A above.
Rating Type = Long Term Subordinated, Range = AAA – CCC, WB = A, Definition of Fitch Ratings = See explanation for A above.