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Moody's downgrades stoke banking fears

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Reuters
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Published on 08 Aug 2023 / In News & Politics

Moody's cut credit ratings of several small to mid-sized US banks and said it may downgrade some of the nation's biggest lenders, warning that the sector's credit strength will likely be tested by funding risks and weaker profitability. Read here: https://reut.rs/47qsPMQ Keep up with the latest news from around the world: https://www.reuters.com/ #News #Reuters #newsfeed #Moody's #banks #creditrating Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

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