Fitch Upgrades Banco Brascan S.A. Ratings; Removes From Rating Watch Positive (Business Wire)
NEW YORK & RIO DE JANEIRO, Brazil—-Fitch Ratings has today upgraded the ratings of Banco Brascan , as outline below, and removed the bank from Rating Watch Positive, following the regulatory approvals and the effectively closing of the Brascan acquisition from Brookfield Asset Management Inc. on 29 April 2008.