Source - SMW
Fitch Ratings has affirmed NM Rothschild & Sons Limited's long and short-term issuer default ratings at 'BBB+' and 'F2', respectively. The outlook is positive. 

At the same time, Fitch has affirmed NMR's viability rating at 'bbb+', support rating at '5', support rating floor at 'no floor' and simultaneously withdrawn them. 

The VR, SR and SRF were withdrawn due to a reorganisation of the rated entity, notably the return of NMR's banking licence, which results in Fitch assessing NMR under its global non-bank financial institutions (NBFI) criteria.