Prosecutors in Trani in Italy add Fitch (FMLCF.PK) to an investigation into alleged market...

|By:, SA News Editor

Prosecutors in Trani in Italy add Fitch (FMLCF.PK) to an investigation into alleged market manipulation by ratings agencies following their negative reports about the country. The probe already included S&P (MHP) and Moody's (MCO), and was extended to Fitch after it warned of a 2-notch downgrade for Italy.