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3232Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks
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Wed, 15 Mar 2023 00:34:56 +0000https://www.digit.info/2023/03/15/moodys-downgrades-us-banking-sector-to-negative-after-collapse-of-three-major-banks/Read more]]>After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from “stable” to “negative.” As one of the “Big Three” credit rating firms, Moody’s cited a “rapid deterioration […]
After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from “stable” to “negative.” As one of the “Big Three” credit rating firms, Moody’s cited a “rapid deterioration […]