Fitch Downgrades Marsh
NU Online News Service, Oct. 19, 4:28 p.m. EDT?Fitch Ratings said it has downgraded the ratings on Marsh & McLennan Companies Inc. and placed all ratings on Rating Watch negative.[@@]
The Chicago-based rating firm, the third rating group to adjust MMC ratings, said it has moved the broker's senior debt and long-term ratings to "A -minus" from "A-plus," and the short-term ratings on MMC to "F2" from "F1."
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