Fitch zur aktuellen Lage von N.M. Rothschild:

dottore , Samstag, 14.03.2009, 15:42 (vor 5866 Tagen) @ dottore

Hi Seekumi,

"NMR’s published pre‐tax profit for the year to March 2008 was 64% lower than the
previous year. While underlying profitability improved significantly on the back of
broadly stable net interest and net fee income and an 8.7% fall in operating
expenditure, the bank reported credit impairment and provisions of GBP63.8m
(2007: release of impairment of GBP0.4m) and took a GBP33.2m charge for the fair
value movement on synthetic CDO investments (2007: nil). Despite the adverse
movement in the fair value of these instruments, they are still performing and NMR
does not consider them to be impaired. The credit impairment charge of GBP63.8m
related to a range of financial assets, including some US sub‐prime mortgage
exposures and other investments in structured investment vehicles. Some of these
were written down to zero during FY08 and the remaining assets in the portfolio
were transferred to an affiliated company outside the NMR group, post year‐end.
NMR has no remaining exposure to either US sub‐prime mortgage or structured
finance assets, thereby eliminating the risk of further volatility emanating from
these asset classes. NMR’s Fitch comprehensive income was negative in FY08 as a
result of unrealised losses on available for sale debt securities taken directly
through equity."

Die Ratings:

Foreign Currency
Long‐Term IDR A
Short‐Term IDR F1

Individual B/C

Support Rating 5
Support Rating Floor NF

Sovereign Risk
Foreign Long‐Term IDR AAA
Local Long‐Term IDR AAA

Klingt nicht so doll.

Gruß!