The credit ratings agency Moody’s just issued a fresh warning on the US banking system. In new research note, Moody’s says it’s cutting the ratings of 10 regional banks, and is considering whether to downgrade a number of big lenders including Bank of New York Mellon, US Bancorp, State Street, Truist Financial, Cullen/Frost Bankers and … Continue reading US Banks Facing ‘Significant Risk’ of Deposit Flight As Profit Margins Narrow, Warns Top Ratings Agency
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