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Fitch Withdraws Solway Investment GmbH's Ratings

(The following statement was released by the rating agency) LONDON, November 22 (Fitch) Fitch Ratings is withdrawing Solway Investment GmbH's ratings as the company has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for Solway Investment GmbH. RATING SENSITIVITIES Ratings sensitivities are no longer relevant given today's withdrawal. F

Swiss banks need to meet minimum leverage ratio of 3 pct

All Swiss banks will have to maintain a leverage ratio of at least 3 percent from next year under new rules for smaller lenders adopted by the government on Wednesday to help safeguard the banking system's stability.

Trafigura's purchases from state oil firms rose in 2016 - report

Trafigura's aggregate direct purchases of crude, refined products and natural gas from national oil companies rose in 2016 to a third of its traded volumes, up from about a quarter in 2015, according to the company's annual responsibility report published on Wednesday.