Moody’s puts US banks on notice ...News

Economy by : (Russia Today) -
Six lenders, including First Republic Bank, could be on the way for a potential downgrade by the ratings agency Moody’s Investors Service announced on Tuesday it is placing the First Republic Bank and five other American lenders on review for a downgrade. The move comes as concerns grow over the health of the US financial system following the collapse of Silicon Valley Bank (SVB) and two other lenders. Zions Bancorporation, Western Alliance Bancorporation, Comerica, UMB Financial Corporation and Intrust Financial Corporation were all on the list, Moody's revealed. The agency cited concerns over the lenders’ relian

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