Moody's changes Frontclear outlook to positive and affirms its ratings

Moody's Ratings has changed Frontclear's outlook to positive and affirmed its ratings.

The positive outlook reflects our expectation that Frontclear will continue to expand its business and underlying earnings base as well as making tangible progress with planned changes to its capital structure. It also reflects our view that Frontclear has built a strong track record in scaling its business while ensuring adequate governance and risk management along the way...

Read here the full Moody's announcement on Moody's website.

Or visit the Resources page on our website and download the report from the Credit Rating Reports category.