NationsBank Corp.'s subsidiary bank ratings were upgraded to AA-minus from A-plus by Fitch Investors Service, which cited the company's progress in consolidating operations.

The action affects certificates of deposit, bank notes, and structured transactions of NationsBank, NationsBank South, NationsBank of Texas, NationsBank of Delaware, and NationBank of Tennessee.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.