Bangkok--14 May--Fitch Ratings As the 2007 financial crisis spills into 2008, it is apparent that the dynamics of international finance are shifting dramatically, according to Fitch Ratings. What started as a problem in a particular asset class - US subprime mortgages - has become a problem of global liquidity and, increasingly, solvency for the banks; a massive challenge for the regulators and authorities on both the regulatory, monetary and fiscal fronts; and a serious threat to global financial stability. Join Fitch analysts for its annual conference that focuses on how the financial architecture of the banking system is changing as a result of the current credit crisis. Senior Fitch analysts will discuss the impact these changes will have on banks in the key U.S., European and Asian markets. As previously described, beginning in early June and lasting throughout much of the month, Fitch's half-day conference will span eight cities and focus on how the financial architecture of the banking system is changing as a result of the current credit crisis. Fitch's 2008 Global Banking Conference event is taking place in the following cities: --Beijing: 3 June 2008; --Tokyo: 4 June 2008; --Singapore: 5 June 2008; --Mumbai: 6 June 2008; --Frankfurt: 9 June 2008; --Paris: 10 June 2008; --London: 11 June 2008; --New York: 19 June 2008. For registration, speaker bios, hotel locations and logistics, please visit the Fitch event page below. For Registration and Event Logistics: 'http://fitchratings.nyws.com' For Event Enquires: '[email protected]' Contact: Cynthia Zhao +86 10 8567 9898 ext. 118, Beijing; Namiko Yoshii +81 3 3288 2633, Tokyo; Valerie Tan +65 6796 7209, Singapore; Nidhi Singh +91 22 4000 1781, Mumbai; Sabine Kaatz 0049 (0)69 76 80 76 254, Frankfurt; Camille Leblond +33 1 44 29 91 86, Paris; Emma King +44 (0)20 7417 4325/+44 (0)20 7682 7400, London; Danielle Riles +1-212-908-0756, New York. Media Relations: Lisa Lim, Singapore, Tel: +65 6796 7214; Kenneth Reed, New York, Tel: +1 212-908-0540; Hannah Warrington, London, Tel: +44 (0) 207 417 6298. Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, 'www.fitchratings.com'. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.