• 11/11/2024

Moody’s Downgrades Regional Banks, Says Higher Rates Still Pressuring Lenders

Wall Street Journal

Moody’s cut the credit ratings of 10 U.S. regional banks and said it was reviewing the ratings of six other institutions, pointing to lower profits and higher funding costs.

https://www.wsj.com/articles/moodys-downgrades-regional-banks-9b2edcde